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upset price

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

First recorded in 1805–15
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for upset price

upset price

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