upset bid

A bid in a judicial sale made for more than the purchaser’s bid so that the sale will be set aside (i.e., upset). [Cases: Judicial Sales 19.]

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词条贡献者

译者Mathew，国际知名法学院国际仲裁与争端解决专业，擅长翻译各种与美国国内仲裁相关的法律文件。