Without Reserve
Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914
Bouvier's Law Dictionary and Concise Encyclopedia
These words are frequently used in conditions of sale at public auction, that the property offered, or to be offered, for sale, will be sold without reserve. When a property is advertised to be sold without reserve, if a puffer be employed to bid, and actually bid at the sale, the courts by the vendor’s want of faith; 5 Madd. 34. See Puffeb; Auction.