upset price

• Precio mínimo por el cual una propiedad o artículo se pone a la venta en una subasta, por debajo del cual no será vendido.

The minimum price at which a property or item is offered for sale at an auction, below which it will not be sold.

1. Minimum auction priceC1formalbritish

   The lowest price at which an item can be sold at an auction; the starting or reserve price.

   precio de reserva

   • The upset price for the painting was set at $10,000.
   • Bidding must start at or above the upset price.
   • The auctioneer announced the upset price before the bidding began.