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Topical Terminology > Buyout Price



1 Definition

Buyout Price

For Buyout Price we have a term and definition in Auction.



Buyout Price (Auction)

A price designated by the Seller that, if paid, will sell the item immediately and close the auction. A Buyout Price is an optional feature when listing an asset, and if there is no mention of it on an item's Asset Detail page, the seller has not used this feature. Buyouts create an opportunity for buyers disinclined to wait until the end of an auction to buy.


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