From Longman Dictionary of Contemporary Englishstarting priceˈstarting price noun [countable usually singular] 1 the lowest possible price for a particular type of thing such as a car or house without any special features, or the lowest price you are willing to accept for something you are selling2 DSH British English the final odds that are offered just before a horse or dog race begins
Examples from the Corpus
starting price• I guaranteed a starting price so long as I got last refusal - he was auctioning the piece.• His starting price of 11-8 made it clear he was strongly fancied by somebody with reliable information.