reserve price

noun
Updated on: 12 May 2018

Definition of reserve price

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

Recent Examples of reserve price from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'reserve price.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of reserve price

1919

in the meaning defined above

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RESERVE PRICE Defined for English Language Learners

reserve price

Definition of reserve price for English Language Learners

  • : the lowest price that a seller will accept for the thing that is being sold at an auction


Law Dictionary

reserve price

noun

legal Definition of reserve price

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

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