upset price

简明释义

最低出售价格

英英释义

The upset price is the minimum price that a seller is willing to accept for an item at auction, below which the item will not be sold.

upset price是卖方在拍卖中愿意接受的最低价格,低于此价格物品将不会被出售。

例句

1.The auction started with an upset price of $100, which attracted many bidders.

拍卖以$100的底价开始,吸引了许多竞标者。

2.The upset price for the vintage car was set at $20,000.

这辆古董车的底价定为$20,000。

3.The auctioneer explained that the upset price is the minimum acceptable bid.

拍卖师解释说,底价是最低可接受的出价。

4.If the item does not reach the upset price, it will not be sold.

如果物品未达到底价,则不会出售。

5.Bidders were hesitant to start at the high upset price of $50,000.

竞标者对$50,000的高底价感到犹豫。

作文

In the world of auctions and sales, the term upset price refers to the minimum price that a seller is willing to accept for an item. This concept plays a crucial role in determining the dynamics of bidding and pricing strategies. Understanding the upset price can significantly influence both buyers and sellers in the marketplace. When an auction begins, the seller sets the upset price to ensure that they do not sell their item for less than what they consider its worth. This price can be seen as a protective measure that prevents the item from being sold at a loss. For example, if a rare painting is valued at $10,000, the seller might set the upset price at $8,000. This means that if the bidding does not reach $8,000, the painting will not be sold. From a buyer's perspective, understanding the upset price can be advantageous. It allows them to strategize their bidding approach. Knowing that the auction will not proceed below a certain threshold can help buyers gauge how much they are willing to spend. If a buyer is aware of the upset price, they may choose to bid aggressively if they believe the item is worth more than that price, or they may hold back if they feel the item is overpriced. In some cases, the upset price can also create a sense of urgency among bidders. If potential buyers know that there is a minimum price, they may be more inclined to place bids quickly, fearing that they might miss out on the opportunity to acquire the item. This competitive atmosphere often drives up the final sale price, benefiting the seller. Moreover, the concept of upset price is not limited to traditional auctions. It can also be applied to online sales platforms where sellers list items with a starting price that acts as the upset price. In such cases, sellers can attract more buyers by setting a reasonable upset price that reflects the market value of the item while still leaving room for negotiation through bidding. However, it is essential for sellers to set their upset price thoughtfully. If the price is set too high, it may deter potential buyers, leading to a lack of interest in the auction. Conversely, if the upset price is too low, it might result in a quick sale but could leave the seller feeling disappointed about the final price. Thus, finding the right balance is key to a successful auction. In conclusion, the term upset price embodies a fundamental aspect of the auction process. It serves as a guideline for both sellers and buyers, shaping the way transactions occur. By comprehending the implications of the upset price, participants in the marketplace can make informed decisions that align with their financial goals. Whether one is selling a cherished item or looking to acquire something of value, understanding the upset price is essential for navigating the complexities of buying and selling in any auction environment.

在拍卖和销售的世界中,术语upset price指的是卖方愿意接受的最低价格。这个概念在决定竞标和定价策略的动态中起着至关重要的作用。理解upset price可以显著影响市场上的买卖双方。当拍卖开始时,卖方设定upset price以确保他们不会以低于其认为的价值出售商品。这个价格可以视为一种保护措施,防止商品以亏损的价格出售。例如,如果一幅稀有的画作价值10,000美元,卖方可能会将upset price设定为8,000美元。这意味着如果竞标没有达到8,000美元,这幅画将不会被出售。从买方的角度来看,理解upset price是有利的。这使他们能够制定竞标策略。知道拍卖不会低于某个阈值,可以帮助买家评估他们愿意花多少钱。如果买家意识到upset price,他们可能会选择积极出价,如果他们认为该物品的价值高于这个价格,或者如果他们觉得该物品的价格过高,他们可能会保持观望。在某些情况下,upset price还可以在竞标者之间创造紧迫感。如果潜在买家知道有一个最低价格,他们可能更倾向于迅速出价,担心错过获得该物品的机会。这种竞争氛围通常会推高最终售价,从而使卖方受益。此外,upset price的概念不仅限于传统拍卖。它也可以应用于在线销售平台,卖家以起始价格列出商品,这个起始价格充当upset price。在这种情况下,卖家可以通过设定合理的upset price来吸引更多买家,反映商品的市场价值,同时在竞标中留出谈判的空间。然而,卖家设定upset price时必须谨慎。如果价格设定得太高,可能会使潜在买家却步,导致缺乏兴趣。相反,如果upset price设定得太低,可能会导致快速出售,但可能使卖方对最终价格感到失望。因此,找到正确的平衡是成功拍卖的关键。总之,术语upset price体现了拍卖过程的基本方面。它为卖方和买方提供了指导,塑造交易的方式。通过理解upset price的含义,市场参与者可以做出符合其财务目标的明智决策。无论是出售珍贵物品还是寻求获取有价值的东西,理解upset price对于驾驭任何拍卖环境中的买卖复杂性至关重要。