Knock Down

Legal Definition and Related Resources of Knock down

Meaning of Knock down

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.

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This definition of Knock Down is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.

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See Also

  • Auction
  • Bid Off

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