upset price


noun
  1. the lowest price at which a person is permitted to bid for something being sold at auction.

Origin of upset price

1
First recorded in 1805–15

Words Nearby upset price

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use upset price in a sentence

  • He had bidden her in under a misapprehension of the upset price, and she was put back for sale again.

    What Will People Say? | Rupert Hughes
  • Lands not sold at auction may afterwards be purchased at the upset price on payment of the whole purchase money.

  • The buyers press round the table of the official auctioneer; the upset price is named.

  • The upset price was 100 per acre, although much more was realised for some lots.

  • Cash Freehold Lots are sold at auction to the highest qualified bidder, at appraised value as upset price.

    The Hawaiian Islands | The Department of Foreign Affairs

British Dictionary definitions for upset price

upset price

/ (ˈʌpˌsɛt) /


noun
  1. another name (esp Scot, US, and Canadian) for reserve price

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012