upset price

The lowest amount that a seller is willing to accept for property or goods sold at auction. [Cases: Auctions and Auctioneers 10. C.J.S. Auctions and Auctioneers §§ 21–22.]

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词条贡献者

双语律师Shifang，知名法学院法律专业，擅长翻译各类与企业改组和重组相关的法律文件。