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reserve price

American  

noun

  1. floor price.


reserve price British  

noun

  1. Also called (esp Scot and US): upset price.  the minimum price acceptable to the owner of property being auctioned or sold

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of reserve price

First recorded in 1915–20

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

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.

From Los Angeles Times Apr. 30, 2026

In 2008, the building, which campaigners had previously saved from demolition, went up for auction but failed to meet its reserve price.

From BBC Sep. 28, 2024

No stalking horse bid would be sought to set a reserve price in the auction, according to a court filing.

From Reuters Oct. 23, 2023

Then, at the last minute, the auction houses had to adjust to demand by lowering the reserve price, the minimum at which an item will sell.

From New York Times May 22, 2023

Put the next lot up with the owner's name and the reserve price.

From A Simpleton by Reade, Charles

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