hammer price

English

Noun

hammer price (plural hammer prices)

1. The amount of the highest bid at an auction, accepted by the striking of the auctioneer's gavel.

   Coordinate term: starting price

2. (finance) The amount for which the shares of a trader who has defaulted are sold.

Translations

amount of the highest bid at an auction

• Finnish: huutokauppahinta
• French: prix d’adjudication m, prix marteau m
• Polish: najwyższa oferta f

Further reading

• “hammer price”, in Lexico, Dictionary.com; Oxford University Press, 2019–2022.
• “hammer price”, in Merriam-Webster Online Dictionary, Springfield, Mass.: Merriam-Webster, 1996–present.