Legal Definition and Related Resources of Knocked down
Meaning of Knocked down
Struck down; knocked off one’s feet by a violent blow. An expression used in auction sales, meaning “sold.” In the language of the auction room, and in common parlance, property is said to be “struck off” or “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. As to the meaning of the term “knocked down” as it appears in an accident insurance policy.
Related Entries of Knocked down in the Encyclopedia of Law Project
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Knocked down in Historical Law
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| Knocked Down in the Dictionary | Knocked Down in our legal dictionaries |
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| Related topics | Knocked Down in the World Encyclopedia of Law |
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