minimum bid
Lowest acceptable offer
The minimum bid is the lowest amount a seller will accept to start an auction or sale.
In auctions, no bid below this threshold is considered: The minimum bid was set at $500.
In advertising, minimum bids determine the lowest price for ad placement.
In contract bidding, it may be the floor for competitive offers.
- reserveSupply kept back
- auctionCompetitive public sale
- live auctionIn-person competitive sale
- auction houseFirm conducting competitive sales
- starting priceMinimum opening bid amount
opening price · floor · price floor · threshold · baseline · reserve price · no reserve · increment · paddle · gavel · going once · lowball · estimate · hammer price · buyer's premium · lot · appraisal · silent auction
- auctionsauction, auctioneer, auction house, auction houses, hammer price
- Auction Termsreserve price, buy it now, hammer price, increment, closing time
- biddingauction, tender, counterbid, outbidding, overbidding
- charity auctionsilent auction, live auction, auctioneer, paddle, lot
- minimumsfloor, baseline, threshold, lower limit, lower bound
- trading rulestrading halt, circuit breakers, trading hours, market orders, all or nothing