"reserve price" meaning in English

{
  "forms": [
    {
      "form": "reserve prices",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "reserve price (plural reserve prices)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Entries with translation boxes",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Pages with 1 entry",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Pages with entries",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Terms with Finnish translations",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Terms with Mandarin translations",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Terms with Polish translations",
          "parents": [],
          "source": "w"
        }
      ],
      "examples": [
        {
          "text": "Bidding did not reach the reserve price, so the lot was withdrawn.",
          "type": "example"
        }
      ],
      "glosses": [
        "The price set by a seller in an auction, below which the lot or item cannot be sold."
      ],
      "id": "en-reserve_price-en-noun-JS-h-I8M",
      "links": [
        [
          "price",
          "price"
        ],
        [
          "auction",
          "auction"
        ]
      ],
      "related": [
        {
          "word": "starting price"
        }
      ],
      "synonyms": [
        {
          "word": "reservation price"
        },
        {
          "word": "reserve"
        },
        {
          "word": "upset price"
        }
      ],
      "translations": [
        {
          "code": "cmn",
          "lang": "Chinese Mandarin",
          "roman": "dǐjià",
          "sense": "lowest acceptable price",
          "word": "底價 /底价"
        },
        {
          "code": "fi",
          "lang": "Finnish",
          "sense": "lowest acceptable price",
          "word": "pohjahinta"
        },
        {
          "code": "pl",
          "lang": "Polish",
          "sense": "lowest acceptable price",
          "tags": [
            "feminine"
          ],
          "word": "cena wywoławcza"
        }
      ],
      "wikipedia": [
        "reservation price"
      ]
    }
  ],
  "word": "reserve price"
}

{
  "forms": [
    {
      "form": "reserve prices",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "reserve price (plural reserve prices)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "related": [
    {
      "word": "starting price"
    }
  ],
  "senses": [
    {
      "categories": [
        "English countable nouns",
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "English terms with usage examples",
        "Entries with translation boxes",
        "Pages with 1 entry",
        "Pages with entries",
        "Terms with Finnish translations",
        "Terms with Mandarin translations",
        "Terms with Polish translations"
      ],
      "examples": [
        {
          "text": "Bidding did not reach the reserve price, so the lot was withdrawn.",
          "type": "example"
        }
      ],
      "glosses": [
        "The price set by a seller in an auction, below which the lot or item cannot be sold."
      ],
      "links": [
        [
          "price",
          "price"
        ],
        [
          "auction",
          "auction"
        ]
      ],
      "wikipedia": [
        "reservation price"
      ]
    }
  ],
  "synonyms": [
    {
      "word": "reservation price"
    },
    {
      "word": "reserve"
    },
    {
      "word": "upset price"
    }
  ],
  "translations": [
    {
      "code": "cmn",
      "lang": "Chinese Mandarin",
      "roman": "dǐjià",
      "sense": "lowest acceptable price",
      "word": "底價 /底价"
    },
    {
      "code": "fi",
      "lang": "Finnish",
      "sense": "lowest acceptable price",
      "word": "pohjahinta"
    },
    {
      "code": "pl",
      "lang": "Polish",
      "sense": "lowest acceptable price",
      "tags": [
        "feminine"
      ],
      "word": "cena wywoławcza"
    }
  ],
  "word": "reserve price"
}