- upset bid
- A bid for property sold at judicial sale, in an amount greater than the bid of the purchaser, offered upon application to set aside the sale. 30A Am J Rev ed Jud S §§ 105-113.
Ballentine's law dictionary. Anderson, W.S.. 1998.
upset bid
Look at other dictionaries:
bid — 1 / bid/ vb bid, bid·ding vt: to offer (a price) for payment or acceptance vi: to make a bid: state what one will pay or take in payment a contractor bidding for a job bid·der n bid 2 … Law dictionary
bid — An offer by an intending purchaser to pay a designated price for property which is about to be sold at auction. An offer to perform a contract for work and labor or supplying materials or goods at a specified price. Public contracts are… … Black's law dictionary
bid — An offer by an intending purchaser to pay a designated price for property which is about to be sold at auction. An offer to perform a contract for work and labor or supplying materials or goods at a specified price. Public contracts are… … Black's law dictionary
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upset price — the lowest price at which a person is permitted to bid for something being sold at auction. [1805 15] * * * … Universalium
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