最終更新日：2024/08/03

The price set by a seller in an auction, below which the lot or item cannot be sold.

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reserve price

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reserve price

noun

The price set by a seller in an auction, below which the lot or item cannot be sold.

The reserve price for the painting was set at $1 million.

意味（1）

The price set by a seller in an auction, below which the lot or item cannot be sold.

Bidding did not reach the reserve price, so the lot was withdrawn.