buyer's premium

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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Meanings

nounbuyer's premium (plural buyers' premiums)

plural buyers' premiums

  1. 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.
Cite this entry
APA

buyer's premium. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/buyer's%20premium

MLA

“buyer's premium.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/buyer's%20premium. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “buyer's premium,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/buyer's%20premium.

Source: buyer's premium on Wiktionary, CC BY-SA 4.0.