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Meaning of “upset price” in the English Dictionary

"upset price" in Business English

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upset pricenoun [C]

uk   us   US Scottish PROPERTY
the ​lowestprice at which a ​property may be ​sold, set by a ​court especially after a foreclosure (= a ​situation in which a ​banktakes a ​property because the ​owner cannot make ​payments on the ​loan): Normally, ​lenders put up ​houses for ​auction with ​bidsstarting at the upset ​price in ​order to ​recoup their ​costs.
(Definition of upset price from the Cambridge Business English Dictionary © Cambridge University Press)
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