- The minimum price at which a seller of property will accept a bid at an auction. Bloomberg Financial Dictionary
* * *upset price upset price ➔ price
* * *upset price UK US noun [C] US, Scottish PROPERTY► the lowest price at which a property may be sold, set by a court especially after a foreclosure (= a situation in which a bank takes a property because the owner cannot make payments on the loan): »
Normally, lenders put up houses for auction with bids starting at the upset price in order to recoup their costs.
Financial and business terms. 2012.
Look at other dictionaries:
upset price — The dollar amount below which property, either real or personal, that is scheduled for sale at an auction is not to be sold. Dictionary from West s Encyclopedia of American Law. 2005. upset price The dolla … Law dictionary
upset price — n. the price fixed as the minimum at which something will be sold at an auction … English World dictionary
upset price — The price at which any subject, as lands or goods, is exposed to sale by auction, below which it is not to be sold. In a final decree in foreclosure, the decree should name an upset price large enough to cover costs and all allowances made by the … Black's law dictionary
upset price — /ˈʌpsɛt praɪs/ (say upset pruys) noun → reserve price … Australian English dictionary
upset price — noun (auction) the minimum price at which a seller of property will entertain bids • Topics: ↑auction, ↑auction sale, ↑vendue • Hypernyms: ↑asking price, ↑selling price … Useful english dictionary
upset price — up′set price n. bus the lowest price at which a person is permitted to bid for something being sold at auction • Etymology: 1805–15 … From formal English to slang
upset price — noun Date: 1814 the minimum price set for property offered at auction or public sale … New Collegiate Dictionary
upset price — the lowest price at which a person is permitted to bid for something being sold at auction. [1805 15] * * * … Universalium
upset price — noun The lowest price at which an auction item may be sold … Wiktionary
upset price — noun a reserve price in an auction … English new terms dictionary