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Upset Price for Dummies

noun

pronunciation: əp'sɛt_praɪs

What does Upset Price really mean?

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Alright, let's talk about the term "upset price"! I'm here to help you understand it easily, using simple and not complex words. So, imagine you're at a store, and you see a toy that you really want to buy. But before you can take it home, you need to pay a certain amount of money, right? That amount is called the price of the toy.

Now, think of the upset price like the minimum amount of money that the store owner is willing to sell the toy for. It's like a sort of safety net for the owner, making sure that they don't sell the toy for less than what they think it's worth. Just like you wouldn't want to sell something really valuable for too cheap, right?

So, in a way, the upset price is a way for the store owner to protect their interests and make sure they get a fair deal for the toy they're selling. It's like the lowest price they're willing to accept, even if someone tries to negotiate for a lower price.

Another way to think about it is if you were planning on selling some of your old toys. You might have a certain amount of money in mind that you want to get for them. That amount would be your upset price because you wouldn't want to sell your toys for any less than that.

So, to sum it up, the upset price is the minimum amount of money that someone is willing to accept for something they're selling. It serves as a sort of protection to ensure that they get a fair deal. It's like a line that they don't want to cross when it comes to negotiating the price. Does that make sense?

Revised and Fact checked by David Anderson on 2023-10-29 22:46:39

Upset Price In a sentece

Learn how to use Upset Price inside a sentece

  • When you are selling something at a flea market, you might set a minimum price below which you won't sell. This minimum price is called the upset price.
  • In an auction, the seller might decide to set a minimum price for an item before bidding starts. This minimum price is the upset price.
  • Imagine you are selling your old bike. You don't want to sell it for less than $50, so that becomes the upset price.
  • If you have a rare and valuable baseball card, you might tell a collector that you won't sell it for less than $200. That's the upset price for the card.
  • Let's say you are organizing a garage sale. You have a special item that you think is worth at least $10, so you set that as the upset price for that item.

Upset Price Hypernyms

Words that are more generic than the original word.

Upset Price Category

The domain category to which the original word belongs.