UPSET BID
\ʌpsˈɛt bˈɪd], \ʌpsˈɛt bˈɪd], \ʌ_p_s_ˈɛ_t b_ˈɪ_d]\
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A bid made after a judicial sale, but before the successful bid at the sale has been confirmed, larger or better than such successful bid, and made for the purpose of upsetting the sale and securing to the "upset bidder" the privilege of taking the property at his bid or competing at a new sale. Yost v. Porter, 80 Va. 858.
By Henry Campbell Black
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.