单词 | reserve price |
释义 | > as lemmasreserve price reserve price n. the figure stipulated (usually by the vendor) as the lowest acceptable price for an item being sold at auction. ΘΚΠ society > trade and finance > monetary value > price > [noun] > auction prices sale price1793 starting price1805 reserve price1820 put-up price1831 reserve1854 knock-down price1888 1820 Morning Chron. 25 Aug. (advt.) Delightful Residence..—By Messrs. Robins, at the Mart, on Tuesday, Sept. 12, at twelve, without a reserve price. 1897 Musical Times 38 46/1 Rossini's original manuscript of ‘Guillaume Tell’ was sold..for £168 on a reserve price of £20. 1935 Chambers's Encycl. I. 569/1 Where, under the conditions, a sale by auction is subject to a reserve price, no contract is concluded..if the highest bid is lower than the reserve price. 2001 Ecologist May 47/2 Animals that failed to reach their reserve price were cordoned off and then sold privately, saving the dealer the auctioneer's cut. < as lemmas |
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