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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The reserve price for Energica was listed at US$4.65 million, which is not terrible for a whole motorbike firm, but the starting bid was only $3.5 million. New Atlas, 24 Mar. 2025 Photo : Media Drum Images, courtesy of SBX Cars The car is being offered with a reserve price, though no estimate has been given. Howard Walker, Robb Report, 27 Jan. 2025 The jersey, on sale with Graham Budd Auctions last week, remains in Anderson’s possession after failing to reach its reserve price of around $40,000 (£30,000), but the whole collection reached a hammer price of roughly $180,000 (£135,335). George Ramsay, CNN, 7 Oct. 2024 With a live auction that will be held with a reserve price of a couple hundred dollars, as well as a silent auction with bidding starting at just $20, even those not local to Santa Barbara can get in on the action with items that will be available to preview online. Kristin Guy, Sunset Magazine, 30 Sep. 2024 See All Example Sentences for reserve price

Word History

First Known Use

1919, in the meaning defined above

Time Traveler
The first known use of reserve price was in 1919

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Cite this Entry

“Reserve price.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reserve%20price. Accessed 21 Apr. 2025.

Legal Definition

reserve price

noun
: a price announced at an auction as the lowest that will be considered
Last Updated: - Updated example sentences
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