bonus paid by a buyer in addition to normal payments or cost. Usually such payment is made to an auctioneer or merchandise club to cover administrative costs.' name='description'> buyer's premium - definition and meaning
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buyer's premium

Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun A bonus paid by a buyer in addition to normal payments or cost. Usually such payment is made to an auctioneer or merchandise club to cover administrative costs.

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