reserve price
Noun
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Noun
reserve price (plural reserve prices)
- The price set by a seller in an auction, below which the lot or item cannot be sold.
- Bidding did not reach the reserve price, so the lot was withdrawn.
- reservation price
- reserve
- upset price
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003