| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,725,739,381 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Upset Price |
Also found in: Dictionary/thesaurus, Financial | 0.04 sec. |
|
The dollar amount below which property, either real or personal, that is scheduled for sale at an auction is not to be sold. An upset price is intended as a minimum price. In a decree for a Judicial Sale, it constitutes a direction to the officer conducting the sale not to accept any bid that falls below the fixed price. In a final decree in a foreclosure sale, an upset price should be sufficient to cover costs and allowances made by the court, the certificates and interest of the receiver, and any liens in existence. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | ? References in periodicals archive | |
|---|---|---|
| The Cougars are 4-0 after beating Boise State 58-0, a game that was called a ``Preview to Pasadena'' by the school's marketing department, a ploy that upset Price, who was worried that other Pac-10 teams might take offense. The City Department of Citywide Administrative Services has announced that 211 parcels will be auctioned on May 12th with minimum upset prices ranging from $1,000 for about half a dozen to $354,000 for a Brooklyn parcel at 2371 lot 40. Last October, he recalled, the property was put up for auction with a minimum upset price of $800,000, but there were no bidder. |
| Legal Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|