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The opening price for an item at an auction.

Additional definitions for 'starting price':

starting priceUsed other than as an idiom: see starting, price.
starting priceThe final odds on a horse when the race starts; also used to designate a system of fixed-odds betting using such prices. Abbreviation: SP.
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"starting price." Phrases.net. STANDS4 LLC, 2017. Web. 24 Nov. 2017. <http://www.phrases.net/phrase/starting-price_15088>.

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