RESERVE (at an auction)
Jan. 6th, 2009 06:36 pmWhen items are sold at an auction, the seller will usually place a "reserve" on the item. This is the sum below which the sale will not proceed. If the bidding stops at a sum below this reserve, the item is taken back by the seller. If the bidding stops at a sum higher than the reserve, the highest bidder then owns the item being sold. The reserve price is not disclosed to the bidders.
Is there a word for this "reserve" in Russian, please ? It is not in the Oxford Dictionary.
Is there a word for this "reserve" in Russian, please ? It is not in the Oxford Dictionary.
no subject
Date: 2009-01-06 06:50 pm (UTC)see molotok.ru for example
no subject
Date: 2009-01-06 08:35 pm (UTC)no subject
Date: 2009-01-07 06:23 am (UTC)no subject
Date: 2009-01-06 09:19 pm (UTC)reserve
резервированная цена, низшая отправная цена
to place a reserve upon a picture — установить низшую отправную цену на картину (на аукционе)
no subject
Date: 2009-01-07 06:24 am (UTC)no subject
Date: 2009-01-07 05:34 pm (UTC)