Definitions for "Buyers Premium"
Keywords:  auction, surcharge, bid, hammer, wwa
a percentage added to the final bid price by an auctioneer and charged to the buyer - i.e. if you successfully bid ?100 for an item and the buyers premium is 15% you will pay ?115
An amount payable by the winning bidder or purchaser, in addition to the bid amount, as a service charge to WWA.
a buyers premium is a percentage add-on to the high bid to become part of the total purchase price.
an additional charge to the purchaser of the property