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Meaning of "reserve price" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF RESERVE PRICE

reserve price play
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GRAMMATICAL CATEGORY OF RESERVE PRICE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Reserve price is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES RESERVE PRICE MEAN IN ENGLISH?

reserve price

Reservation price

In microeconomics, the reservation price is the highest price a buyer is willing to pay for goods or a service; or; the smallest price at which a seller is willing to sell a good or service. Reservation prices are commonly used in auctions. Reservation prices vary for the buyer according to their disposable income, their desire for the good, and the prices of, and their information about substitute goods. Reservation demand is a name for the schedule of reservation prices at which a seller would be willing to sell different quantities of the good in question. The reservation price is used to help calculate the consumer surplus or the producer surplus with reference to the equilibrium price. Just as a consumer has an incentive to search for a low price when purchasing a good, a worker has an incentive to search for a high wage when looking for a job. The lowest wage the worker is willing to accept is that worker's reservation wage. In negotiation, the reservation price is the point beyond which a negotiator is ready to walk away from a negotiated agreement.

Definition of reserve price in the English dictionary

The definition of reserve price in the dictionary is the minimum price acceptable to the owner of property being auctioned or sold Also called : upset price.

WORDS THAT BEGIN LIKE RESERVE PRICE

reservationist
reservatory
reserve
reserve bank
reserve currency
reserve list
reserve petrol tank
reserve player
reserve tank
reserve team
reserve tranche
reserve-grade
reserved
reserved list
reserved occupation
reserved word
reservedly
reservedness
reserver
reserves

WORDS THAT END LIKE RESERVE PRICE

asking price
at a price
at any price
bargain price
bid price
caprice
fixed-price
guide price
half-price
list price
market price
price
purchase price
retail price
rice
sale price
selling price
share price
target price
trade-in price
unit price

Synonyms and antonyms of reserve price in the English dictionary of synonyms

SYNONYMS

Translation of «reserve price» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF RESERVE PRICE

Find out the translation of reserve price to 25 languages with our English multilingual translator.
The translations of reserve price from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «reserve price» in English.

Translator English - Chinese

底价
1,325 millions of speakers

Translator English - Spanish

precio de reserva
570 millions of speakers

English

reserve price
510 millions of speakers

Translator English - Hindi

आरक्षित मूल्य
380 millions of speakers
ar

Translator English - Arabic

سعر
280 millions of speakers

Translator English - Russian

Предельная цена
278 millions of speakers

Translator English - Portuguese

preço de reserva
270 millions of speakers

Translator English - Bengali

ন্যূনতম মূল্য
260 millions of speakers

Translator English - French

prix de réserve
220 millions of speakers

Translator English - Malay

Harga rizab
190 millions of speakers

Translator English - German

Ausrufpreis
180 millions of speakers

Translator English - Japanese

最低競売価格
130 millions of speakers

Translator English - Korean

예비 가격
85 millions of speakers

Translator English - Javanese

Rega cadangan
85 millions of speakers
vi

Translator English - Vietnamese

giá khởi điểm
80 millions of speakers

Translator English - Tamil

இருப்பு விலை
75 millions of speakers

Translator English - Marathi

राखीव किंमत
75 millions of speakers

Translator English - Turkish

Rezerv fiyat
70 millions of speakers

Translator English - Italian

prezzo di riserva
65 millions of speakers

Translator English - Polish

cena wywoławcza
50 millions of speakers

Translator English - Ukrainian

гранична ціна
40 millions of speakers

Translator English - Romanian

preț de rezervă
30 millions of speakers
el

Translator English - Greek

αποθεματικό τιμή
15 millions of speakers
af

Translator English - Afrikaans

reserweprys
14 millions of speakers
sv

Translator English - Swedish

reservationspris
10 millions of speakers
no

Translator English - Norwegian

minstepris
5 millions of speakers

Trends of use of reserve price

TRENDS

TENDENCIES OF USE OF THE TERM «RESERVE PRICE»

The term «reserve price» is very widely used and occupies the 17.485 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Very widely used
92
/100
The map shown above gives the frequency of use of the term «reserve price» in the different countries.
Principal search tendencies and common uses of reserve price
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «reserve price».

FREQUENCY OF USE OF THE TERM «RESERVE PRICE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «reserve price» during the past 500 years. Its implementation is based on analysing how often the term «reserve price» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about reserve price

EXAMPLES

10 ENGLISH BOOKS RELATING TO «RESERVE PRICE»

Discover the use of reserve price in the following bibliographical selection. Books relating to reserve price and brief extracts from same to provide context of its use in English literature.
1
Absolute Beginner's Guide to EBay
FIGURE 4.9 An example of a reserve auction in which the reserve price hasn't yet been met. If your maximum bid is equal to or greater than the reserve price, the item's current price rises to the reserve price, and the reserve price has officially ...
Michael Miller, 2008
2
eBay Hacks: Tips & Tools for Bidding, Buying, and Selling
Hack #45 Use a reserve-price auction for items with unknown value or limited appeal. One of eBay's greatest strengths is the lengths to which its policies go to protect its millions of users, both buyers and sellers. One of the best-known policies ...
David A. Karp, 2005
3
Tricks of the Ebay Masters
Reserve price auctions let you set however low a starting price you want. And, as you now know, low starting prices get a lot of buyer attention—and get the bids flowing. You're not obligated to sell at that low price, of course; that's why you ...
Michael Miller, 2006
4
Sourcing Strategy: Principles, Policy and Designs
Moreover, if dropping the reserve price will secure an additional bidder in the competition, it is optimal to do so. The optimal reverse auction should raise the award reserve price to the bid taker's own valuation. The reverse auction with an  ...
Sudhi Seshadri, 2005
5
ECAI 2008: 18th European Conference on Artificial ...
To obtain a reasonable profit, the reserve price for the item must be determined before the item is put up for sale. However, setting the price too high may result in no sale, while setting the price too low may yield a lower profit. In real auction ...
Malik Ghallab, 2008
6
Price-Based Commitment Decisions in the Electricity Market
Like any other market, the reserve price reflects an equilibrium point between the supply and demand. The supply for reserve comes from generators, who also supply the spot market for electricity. The demand for reserve can come from any  ...
Eric Allen, Marija D. Ilic, 1999
7
Auction Theory
Thus, a revenue maximizing seller should always set a reserve price that exceeds his or her value. Why does a reserve price that exceeds x0 lead to an increase in revenue? Consider a second-price auction with two bidders and suppose x0 ...
Vijay Krishna, 2009
8
eBay For Dummies
Written by eBay expert Marsha Collier, a highly sought-after speaker and trainer on eBay and social media business topics eBay remains among the leading e-commerce sites with more than 112 million users This is the top-selling eBay ...
Marsha Collier, 2014
9
Networks, Crowds, and Markets: Reasoning About a Highly ...
Instead, it is better for the seller to announce a reserve price of r before running the auction. With a reserve price, the item is sold to the highest bidder if the highest bid is above r; otherwise, the item is not sold. In a first-price auction with a  ...
David Easley, Jon Kleinberg, 2010
10
Approximation, Randomization, and Combinatorial ...
Here each bidder is presented with a (different) reserve price. If the winner (the bidder with the highest bid) bids above his reserve price, he wins the item and pays the maximum price of the second- highest bid and his reserve price.
Moses Charikar, 2007

8 NEWS ITEMS WHICH INCLUDE THE TERM «RESERVE PRICE»

Find out what the national and international press are talking about and how the term reserve price is used in the context of the following news items.
1
Reserve price of 2100-MHz spectrum stands at Rs 3705 cr
The Union Cabinet on Wednesday approved a reserve price of Rs 3,705 crore per MHz for the auction of 2,100-MHz telecom spectrum from March 4, ... «Business Standard, Jan 15»
2
No change in reserve price for 3G spectrum auction: Trai
New Delhi: Standing by its proposals on 3G base pricing, sectoral regulator Trai today reiterated that enough spectrum in 2100 MHz should be made available ... «Firstpost, Jan 15»
3
Cabinet finalises reserve price for 2G spectrum
The reserve price for 800 MHz is at Rs 3646 crore pan-India per MHz and for 900 MHz at Rs 3980 per band pan India excluding Delhi, Mumbai, Kolkatta, J&K. «Moneycontrol.com, Jan 15»
4
Trai sets 3G reserve price at 2720crper MHz
NEW DELHI: Telecom regulator Trai on Wednesday announced a reserve price of Rs 2,720 crore per megahertz (MHz) of 3G airwaves for the upcoming ... «Times of India, Dec 14»
5
TRAI recommends over 15 % rise in CDMA spectrum reserve price
The Telecom Regulatory Authority of India (TRAI) has recommended a reserve price of Rs.3,104 crore per megahertz for CDMA spectrum, which is 15 per cent ... «The Hindu, Nov 14»
6
Rs.2685 cr reserve price set for CDMA spectrum
The Telecom Regulatory Authority of India (TRAI) on Saturday announced reserve prices for CDMA (800 MHz band) spectrum, putting minimum cost of ... «The Hindu, Feb 14»
7
Hike spectrum auction reserve price: Telecom panel
NEW DELHI: The telecom commission on Wednesday proposed raising reserve prices in key circles for spectrum auction, recommending a 15% increase on ... «Times of India, Nov 13»
8
TRAI suggests lowered pan-India reserve price in 900, 1800 MHz …
With successive rounds of spectrum auctions finding few takers because of high reserve prices, the telecom regulator Monday recommended a sharp 60 to 80 ... «NDTV, Sep 13»

REFERENCE
« EDUCALINGO. Reserve price [online]. Available <https://educalingo.com/en/dic-en/reserve-price>. Apr 2024 ».
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