Meaning of “guide price” in the English Dictionary

business-english dictionary

"guide price" in British English

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guide pricenoun [ C ]

uk /ˈɡaɪd ˌpraɪs/ us /ˈɡaɪd ˌpraɪs/

the price that something is expected to be sold for, especially in an auction:

The guide price for the house is £475,000.

(Definition of “guide price” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"guide price" in Business English

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guide pricenoun [ C ]

uk us

PROPERTY, COMMERCE the price that something is expected to be sold for:

The guide price for the farmhouse is €475,000, but it won't sell for that much.

(Definition of “guide price” from the Cambridge Business English Dictionary © Cambridge University Press)