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upset price

   Also found in: Legal, Financial, Encyclopedia 0.01 sec.
upset price
n.
The lowest price at which an item of property may be auctioned or sold at public sale.

[Past participle of upset, to establish (obsolete).]

upset price [ˈʌpˌsɛt]
n
(Business / Commerce) another name (esp Scot, US, and Canadian) for reserve price
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.upset price - (auction) the minimum price at which a seller of property will entertain bids
auction sale, vendue, auction - the public sale of something to the highest bidder
asking price, selling price - the price at which something is offered for sale
Translations
upset price
n (esp US Comm) → Mindestpreis m
upset price n (Am, Scot) → prezzo di riserva


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The rate of interest borne by the judgment is vital to know, not only because it must be understood to calculate what is due for payoff or for upset price at the sale, but because delay is possible until a foreclosure sale is conducted.
Generally, at the foreclosure auctions, the starting price, also known as the upset price, is the amount of the mortgage.
No upset price has been fixed for Poolewe Church and the sellers are prepared to consider offers, subject to planning permission for change of use.
 
 
 
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