upset price
English
editEtymology
editCompare set up, i.e. fixed, determined.
Noun
editupset price (plural upset prices)
- The lowest price at which an auction item may be sold.
- Synonym: reserve
- 1815 February 24, [Walter Scott], Guy Mannering; or, The Astrologer. […], volumes (please specify |volume=I to III), Edinburgh: […] James Ballantyne and Co. for Longman, Hurst, Rees, Orme, and Brown, […]; and Archibald Constable and Co., […], →OCLC:
- After a solemn pause, Mr. Glossin offered the upset price for the lands and barony of Ellangowan.
Translations
editlowest price at which an auction item may be sold
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