offer price
- noun
- His initial offer price for the house was lower than what the seller expected.
Examples
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During the auction, she made a competitive offer price to win the antique vase.
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So it's good to set your boundaries, put in a very strong sales price, an offer price, which usually is list price at this point or higher.
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When buying a car, it's important to consider your offer price to ensure a fair deal.
Synonyms
A suggestion to buy something or to give someone a job
An offer of money to buy something, often at an auction
An official written offer to do work for a set price
The amount a buyer is willing to pay for a stock or other investment
How High
Surface Forms
Morphology
The meaning 'the price proposed by a buyer' is directly and transparently derived from combining 'offer' (to propose a payment) with 'price' (amount of money). This compositional pattern (a price that is offered) is common and follows standard English noun-modifier semantics, so a B1 learner who knows both constituents will readily infer the MWE's meaning.
Etymology
Offer price can also be pictured as a buyer holding up a number as their offer or proposed price in a sale or auction. So offer price means the price a buyer proposes when they want 'to buy' something.