Dictionary
reserve price
noun
: the lowest price that a seller will accept for the thing that is being sold at an auction
Full Definition of RESERVE PRICE
: a price announced at an auction as the lowest that will be considered
See reserve price defined for English-language learners
ADVERTISEMENT
First Known Use of RESERVE PRICE
1919
Rhymes with RESERVE PRICE
Browse
Next Word in the Dictionary: reserverPrevious Word in the Dictionary: reserve officerAll Words Near: reserve price
ADVERTISEMENT
Seen & Heard
What made you want to look up reserve price? Please tell us where you read or heard it (including the quote, if possible).