The Law Dictionary

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UPSET PRICE Definition & Legal Meaning

Definition & Citations:

In sales by auctions, an amount for which property to be sold is put up, so that the first bidder at that price is declared the buyer. Wharton. UPSUN. In Scotch law. Between the hours of sunrise and sunset. Poinding must be executed with upsun. 1 Forb. Inst pt 3, p. 32.


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