reservation price Meaning in the Cambridge English Dictionary
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Meaning of “reservation price” in the English Dictionary

"reservation price" in Business English

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reservation pricenoun [C]

uk   us   (also reserve price) COMMERCE
the ​minimumprice that you will ​sell a ​product for or the ​maximumprice that you will ​pay for something: The ​house was not ​sold as the ​buyer did not meet the ​reservationprice.
(Definition of reservation price from the Cambridge Business English Dictionary © Cambridge University Press)
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