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

双语律师Jason，国内知名法学院国际贸易专业，擅长翻译各类与出口管制、经济制裁及海关相关的法律文件。