0 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.
NOVÉ SLOVÁ
European
May 10, 2021
SLOVO DŇA
Shimmer
upset price