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 lowest price at which a property may be sold, set by a court especially after a foreclosure (= a situation in which a bank takes a property because the owner cannot make payments on the loan):

Normally, lenders put up houses for auction with bids starting at the upset price in order to recoup their costs.

(Definition of “upset price” from the Cambridge Business English Dictionary © Cambridge University Press)