upset price

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

Origin of upset price

First recorded in 1805–15

Words Nearby upset price 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) /

  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