2007-04-27 17:12:11 · 4 answers · asked by gamemasterex2 1 in Computers & Internet ➔ Internet
It is a price set ahead of time in an auction that is the minimum acceptable price that an item will be sold. If the reserve price is not met by the highest bidder, the sale is voided.
2007-04-27 17:16:35 · answer #1 · answered by Truth is elusive 7 · 0⤊ 0⤋
A reserve price is something commonly used in online auctions. It is basically the lowest price the the seller would be willing to sell his item. The seller can set a reserve price and the seller is not obligated to sell the item during that auction period if that reserve is not met.
2007-04-28 00:18:12 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The lowest price the seller is willing to take for the item.
2007-04-28 00:16:10 · answer #3 · answered by Chris 4 · 0⤊ 0⤋
The lowest price you are willing to sell it for.
2007-04-28 00:15:02 · answer #4 · answered by Shay D 2 · 0⤊ 1⤋