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Without Reserve

The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The Cyclopedic Law Dictionary

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 drawn by the vendor's want of faith.

5 Madd. 34.

See "Puffer."

See Puffer.