What is another word for starting price?

Pronunciation: [stˈɑːtɪŋ pɹˈa͡ɪs] (IPA)

"Starting price" refers to the minimum price at which a product or service is offered for sale. It is an essential term in every business transaction, especially in auction sales. However, there are several other synonyms that can be used to refer to the starting price. These include "base price," "initial cost," "opening offer," "minimum bid," or simply "minimum price." The usage of any of these synonyms depends on the context of the sale, and it is essential to choose the phrase that best suits the situation. Regardless of the terminology used, the starting price sets the tone for the sale and determines the negotiations that follow.

Synonyms for Starting price:

What are the hypernyms for Starting price?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

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