reserve price

noun

: a price announced at an auction as the lowest that will be considered

Examples of reserve price in a Sentence

Recent Examples on the Web

Also among the movie memorabilia is Freddy Krueger’s glove, which met its reserve price of £25,000 ($34,000) just a few hours after the auction went live. — Jack Guy, CNN Money, 5 Nov. 2026

The dress had a reserve price of $90,000 and ultimately sold for $175,000, according to the outlet. — Emma Banks, PEOPLE, 1 Aug. 2026

As a yearling, the colt didn’t meet his reserve price of $95,000, so Kahn and Hidden Brook pointed him to a 2-year-old in training sale last year at Ocala. — Jay Posner, Los Angeles Times, 30 Apr. 2026

Apparently, bidding did not even come close to its reserve price. — New Atlas, 18 Apr. 2026

Word History

First Known Use

1919, in the meaning defined above

Rhymes for reserve price

• advice
• allspice
• concise
• device
• entice
• excise
• fordyce
• precise
• suffice
• dice
• feis
• gneiss

Legal Definition

reserve price

noun

: a price announced at an auction as the lowest that will be considered