Definition of hammer price noun from the Oxford Advanced Learner's Dictionary


hammer price

BrE BrE//ˈhæmə praɪs//
; NAmE NAmE//ˈhæmər praɪs//
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the last and highest amount offered for something at an auction which is the price for which it is sold Tax and other costs are added to the hammer price. a list of hammer prices for art at auctions worldwide
See the Oxford Advanced American Dictionary entry: hammer price