base d'asta

English translation: upset price

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:base d'asta
English translation:upset price
Entered by: Marc Vitale

11:32 Mar 1, 2005
Italian to English translations [PRO]
Bus/Financial - Business/Commerce (general)
Italian term or phrase: base d'asta
in connection with a competitive tender for the privatisation of telecommunication services, is this a minimum bid level perhaps?
Marc Vitale
United Kingdom
Local time: 23:41
upset price
Explanation:
upset price - definition from wn
upset price
n : (auction) the minimum price at which a seller of property
will entertain bids
http://onlinedictionary.datasegment.com/word/upset price
Selected response from:

hirselina
Grading comment
Thank you very very much.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2upset price
hirselina


  

Answers


7 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
upset price


Explanation:
upset price - definition from wn
upset price
n : (auction) the minimum price at which a seller of property
will entertain bids
http://onlinedictionary.datasegment.com/word/upset price

hirselina
Native speaker of: Native in FrenchFrench, Native in DutchDutch
PRO pts in category: 12
Grading comment
Thank you very very much.

Peer comments on this answer (and responses from the answerer)
agree  Cristina Giannetti
45 mins

agree  tania ceccarelli: The upset price sets the level at which bidding will start, and will be set below the reserve price for each respective lot
1 hr
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