Translation help.

[Damicci]

設定された最低落札価格にまだ達していません。

This should mean "The lowest set bid has not been reached."

Is this right?

I thought 設定 meant options or settings.....

Also how does された affect the noun in this sentence?

Last question is 最低 normally used to mean lowest possible of anything.

For example "lowest price sushi" [最低価格寿司] "is this one." はこちらです。


Or am I reading it wrong all together and 最 should be read seperately, looks like 低価格 is meant as low price.

 

[undrentide]

設定された＜設定する to set : passive to modify its following noun/clause
最低 : 最 most + 低 low = lowest
落札価格：bid price
にまだ達していません。
まだ～ない： not yet
（～に）達する: to reach, get to