backuprice
nounUK /ˈbækʌpraɪs/
US /ˈbækʌpraɪs/
A backup price is a second price you can use if the first one does not work.
The seller gave a backuprice in case the main offer fell through.
OTHER MEANINGS
2. The price paid for a spare or replacement item kept in reserve.
The backuprice for the spare tire was lower than expected.
3. A hidden or secondary cost added behind the main price.
Read the contract carefully to find any backuprice charges.
4. The amount offered when a first bid is rejected.
After the first bid failed, she named a backuprice at the auction.