thelowestpriceat which apropertymay besold, set by acourtespeciallyafter aforeclosure(= asituationin which abanktakesapropertybecause theownercannot makepaymentson theloan):Normally,lendersput uphousesforauctionwithbidsstartingat theupsetpriceinordertorecouptheircosts.(Definition ofupset pricefrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofupset price
upset priceWe had put a high figure on our improvements, and we purchased the land at theupsetpriceof ￡6/10/- per half acre.FromProject GutenbergHe gave theupsetpricefor the land; a dollar and a-quarter an acre.FromProject GutenbergI have seen in the newspapers over and over again notices of land withdrawn from sale because theupsetpricewas not reached.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Anupsetpricewill be fixed for each farm.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Theupsetpricewas ￡100 per acre, although much more was realised for some lots.FromProject GutenbergI said "when"we have noupsetprice, not"as" we have noupsetprice.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0I must emphasise that noupsetpricewas fixed on the property.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Lands not sold at auction may afterwards be purchased at theupsetpriceon payment of the whole purchase money.FromProject GutenbergAs occupier, when the time arrived, he would have first chance at theupsetprice; though then, it was true, he would also be liable for improvements.FromProject GutenbergFor town lots theupsetpricewas ￡20 per acre; the competition for fancy lots was keen enough to run them up to as much as ￡100 per lot.FromProject GutenbergThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/upset-price##
