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reserve price

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
reserve price
the minimum price acceptable to the owner of property being auctioned or sold


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Without putting a reserve price on it, Star said he only wanted to raise enough money to buy a few tickets to a Seattle Mariners game, along with a few beers.
Running up the bid: Detecting, predicting, and preventing reserve price shilling in online auctions.
He witnessed how a customer, which had a previous reserve price (price it is willing to move a pattern) of $700,000 on one job, received a final auction bid of $450,000 due to foundries' last-minute online underbidding.
 
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