Biographies:
A B C D E F G H I J K L M
N O P Q R S T U V W Y Z

Dictionary:
A B C D E F G H I J K L
M N O P Q R S T V W Z

Net price

Net price means in auctioneering terms the hammer price, that is, without the buyer's premium and VAT from the buyer's standpoint. Attention: from the buyer's standpoint the net price is the sum paid, that is, the hammer price minus the seller's commission (see Conditions of Sale).