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Rarereserve price
The correct spelling is reserve price.
How to pronounce reserve price
noun
Say it like: Res-erv-e p-ris-e
The correct spelling is reserve price. The price set by a seller in an auction, below which the lot or item cannot be sold. For example: "Bidding did not reach the reserve price, so the lot was withdrawn."
Usage Examples
“Bidding did not reach the reserve price, so the lot was withdrawn.”
Definition
noun
- 1.The price set by a seller in an auction, below which the lot or item cannot be sold.
Similar words
Words related in meaning — check their spelling too.