the minimum price acceptable to the owner of property being auctioned or sold Also called (esp Scot and US) upset price
a minimum price set for a property to be sold at auction; the price at or below which a seller reserves the right to withdraw a property from sale in an auction
- Reserve tranche
noun 1. the quota of 25 per cent to which a member of the IMF has unconditional access. Prior to 1978 it was paid in gold and known as the gold tranche
noun 1. a person who belongs to a reserve military force of a country. noun 1. one who serves in the reserve formations of a nation’s armed forces
noun 1. a natural or artificial place where water is collected and stored for use, especially water for supplying a community, irrigating land, furnishing power, etc. 2. a receptacle or chamber for holding a liquid or fluid. 3. Geology. See under pool1 (def 6). 4. Biology. a cavity or part that holds some fluid or […]
- Reservoir bag
reservoir bag n. See breathing bag.