How to Use reserve price in a Sentence

reserve price

noun

• 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
• The mansion, dubbed Villa 71, will sell at or above its unpublished reserve price and is expected to bring in starting bids of at least $50 million.
  — Abby Montanez, Robb Report, 13 Dec. 2023
• 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

Last Updated: 19 Oct 2024