starting price - definition and synonyms

noun [countable] 

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/ˈstɑː(r)tɪŋ ˌpraɪs/
singularstarting price
pluralstarting prices
  1. 1
    the price that something is given at the beginning of an auction
  2. 2
    British in a horse or dog race, the odds of a particular runner just before the race starts, representing the amount of money that you will win if you bet on it