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Upset price   /əpsˈɛt praɪs/   Listen
Upset price

noun
1.
(auction) the minimum price at which a seller of property will entertain bids.





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"Upset price" Quotes from Famous Books



... of its deposits employed. At Dutch auctions an upset or maximum price used to be fixed by the seller, and he came down in his bidding till he found a buyer. The value of money is fixed in Lombard Street in much the same way, only that the upset price is not that of all sellers, but that of one very important seller, some part of whose ...
— Lombard Street: A Description of the Money Market • Walter Bagehot


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