How to Use reserve price in a Sentence

reserve price

noun
Definition of reserve pricenext
  • The auction will run for 24 hours after the reserve price is met, though more time gets added if people bid in the last 15 minutes.
    — New York Times, 24 Mar. 2021
  • There is a reserve price, which the sellers don't have to disclose but buyers can expect to pay north of what Prince paid.
    — Maria Puente, USA TODAY, 7 May 2018
  • Even the reserve price would set its value at $1billion unicorn status.
    — Stephanie Hirschmiller, Forbes, 1 May 2022
  • Some of the premiere items won't go to the highest bidder unless that bid meets the secret reserve price set by White, Logan said.
    — Mike Hendricks, kansascity, 15 June 2018
  • Most of Ightham’s contents went in a three-day sale in October 1951, but the house itself failed to make its reserve price at auction.
    — Adrian Tinniswood, Time, 21 Sep. 2021
  • Consumers are not told the minimum acceptable sale price, known as the reserve price.
    — Dennis Wagner, azcentral, 24 June 2019
  • 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.
    — Zachary Small, New York Times, 22 May 2023
  • The company did not specify a starting bid or reserve price for the Gehrig NFT auction.
    — Khristopher J. Brooks, CBS News, 1 June 2021
  • Apparently that figure, called the reserve price, was not reached.
    — Peter Valdes-Dapena, CNN, 18 Aug. 2019
  • The next year, the home was never purchased at an auction for the reserve price of $13 million, Daily Herald reported.
    — Charmaine Patterson, Peoplemag, 6 Apr. 2023
  • The fall auction season kicks off next week with a special sale in which every lot is one-of-a-kind, there is no reserve price, and proceeds are donated to a great cause.
    — Carol Besler, Forbes, 22 Oct. 2021
  • The government has reportedly fixed the reserve price for the airline, though there was no official word about it.
    — Ramakrishnan Narayanan, Forbes, 30 Sep. 2021
  • This week, the Lakepoint condominium in Jurong in western Singapore was again put up for sale at a reserve price of S$640 million.
    — Jonathan Burgos, Forbes, 21 Apr. 2022
  • The property sold without a reserve price, according to Concierge Auctions, which handled the auction in late July.
    — Katherine Clarke, WSJ, 20 Nov. 2018
  • Other specialists told the New York Times that auction withdrawals typically happen when there are legal concerns or a fear that the reserve price won't be met.
    — Sophie Mellor, Fortune, 25 Feb. 2022
  • Khadavi’s reserve price, this has left both seller and agent highly disappointed.
    — Chloe Taylor, Fortune, 16 May 2022
  • Ming Arcade was hotly contested, with Royal Group offering to buy the property at a 34% premium above the reserve price.
    — Jonathan Burgos, Forbes, 18 Dec. 2022
  • If the bidding surpasses the reserve price for the token, all additional proceeds will go to The Chronicle’s flagship charity, Season of Sharing.
    — Emilio Garcia-Ruiz, San Francisco Chronicle, 27 Apr. 2021
  • Unless an auctioneer has declared otherwise, all sales are conducted with a reserve price that typically is not disclosed.
    — Dennis Wagner, azcentral, 24 June 2019

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'reserve price.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Last Updated: