upset price

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 court, receiver's certificates and interest, liens prior to the bonds, amounts diverted from the earnings, and all undetermined claims which will be settled before the confirmation and sale

Black's law dictionary. . 1990.

Игры ⚽ Нужно решить контрольную?

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 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… …   Financial and business terms

  • upset price — /ˈʌpsɛt praɪs/ (say upset pruys) noun → reserve price …  

  • 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

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”