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Meaning of buyer's premium | Babel Free

Noun CEFR B2

Definitions

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.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

buyer's remorse Buyers buyership Buyid Buying buying guide

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