In this website, we have given the solutions for crossword puzzles clue "At an auction, the lowest acceptable bid". You will find a great collection of puzzles here along with their answers:
Understanding Today's Crossword Puzzle
To solve today's crossword puzzle clue "At an auction, the lowest acceptable bid," we have the answer "RESERVEPRICE."
The term "at an auction" provides context for solving this clue. In an auction, various items are put up for sale, and potential buyers compete with each other by placing bids on these items.
The phrase "the lowest acceptable bid" suggests that there exists a minimum amount below which the seller is not willing to sell the item. This minimum amount is known as the "reserve price" in an auction.
When the bidding starts, potential buyers place their bids, but the auctioneer will not accept a bid lower than the reserve price. The item will only be sold if the bidding reaches or exceeds the reserve price.
Using the answer "RESERVEPRICE," we can establish a clear connection between the clue and its solution. The reserve price is indeed the lowest acceptable bid at an auction, making it the correct answer for this crossword clue.
In summary:
- "At an auction" refers to the context where this clue is applicable.
- "The lowest acceptable bid" hints at the existence of a minimum amount for the sale of an item.
- "RESERVEPRICE" represents the term that best fits the description of the lowest acceptable bid at an auction.
By solving this crossword clue, crossword enthusiasts can expand their knowledge of auction terminology and improve their puzzle-solving skills.
The Crossword clue "At an auction, the lowest acceptable bid" published 1 time/s & has 1 answer/s.
| Crossword | Date | Answer |
| The Guardian Speedy | 18 July 2021 | RESERVEPRICE |
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