Knock Down — Law Dictionary

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

To accept a hid at an auction. So called from the fact that the auctioneer's acceptance of the bid is commonly signified hy a stroke of his hammer. "Knocked down" is synonymous with "struck off." 7 Hill (N. Y.) 439.

Ballentine's Law Dictionary

James A. Ballentine · 1916

An auction sale to the highest bidder; to withhold moneys from an employer.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

To assign to a bidder at an auction by a knock or blow of the hammer. Property is said to be "knocked down" when the auctioneer, by the fall of his hammer or by any other audible or visible announcement, signifies to the bidder that he is entitled to the property on paying the amount of his bid, according to the terms of the sale. "Knocked down" and "struck off" are synonymous terms. Sherwood v. Reade, 7 Hill (N. Y.) 439.

A Dictionary of Law

Henry Campbell Black · 1891

To assign to a bidder at an auction by a knock or blow of the hammer. Property is said to be “knocked down” when the auctioneer, by the fall of his hammer, or by any other audible or visible announcement, signifies to the bidder that he is entilled to the property on paying the amouut of his bid, according to the terms of the sale. “Knocked down” and “struck off” are synonymous terms. 7 Hill, 439.