reserve price

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reserve price

n.
A price set as the minimum acceptable bid in an auction.

reserve price

n
(Commerce) the minimum price acceptable to the owner of property being auctioned or sold. Also called (esp Scot and US): upset price
Translations

reserve price

n (Brit, YYY) (at auction) → prezzo minimo, prezzo m base inv
References in periodicals archive ?
Know your TRP (total resistance point): This is the point, also sometimes referred to as the reservation price, where you are indifferent between saying yes and invoking your alternative.
A greater-than-proportional increase in uncompensated benefits suggests that something like an evolutionarily stable equilibrium in network markets may be possible, even though some users have a lower reservation price for the good's compensated benefits.
Then, based on the benchmark model, the reservation price models considering the LSI's fairness concerns are established; that is, two decentralized models are established under disadvantageous inequality and advantageous inequality, respectively.
In the auction tranche, the reservation price (minimum acceptable bid) is based on the formula price.
Buyers prefer lower prices, but will purchase a good if the lowest price they can fetch is still below their reservation price.
We expect price rises to moderate in the medium term, particularly in prime areas, as the market price moves closer to tenants' reservation price.
The maximum reservation price any customers have for the product is [V.
For two separate products A and B, asymmetry occurs when one segment of buyers has a relatively higher reservation price for A, while the other segment has a higher reservation price for B.
Gas, insurance and 180 miles per day are included in the reservation price for these vehicles.
The most important references are the negotiator's reservation price, the aspiration price and the initial price offering, as we discuss further in the following section.
Of-ten they enter the negotiation with no clear understanding of their reservation price, stretch goal and most likely outcome.
In the case of no outside options for either the upstream or downstream firms, the downstream reservation price is just the average cost of producing [X.