| 单词 | Knock-out agreement |
| 释义 | 壓價協議 An agreement between potential bidders before an auction that some of them will not bid at the auction, and which deals with the sharing of property acquired by one of them at the auction or of profits on resale. The purpose is to ensure that the property is sold at a lower price than otherwise. At common law, the knock-out agreement is enforceable between the parties to it: Rawlings v General Trading Co [1921] 1 KB 635. See also Auction; Bid; Damping the sale; Restraint of trade; Specific performance. 準競投人在拍賣會前所訂立的協議，議定當中某些準競投人不會在拍賣會中競投。此等協議亦對由其中一名準競投人在拍賣會中取得的財產或轉售利潤作出分配。此等協議確保該財產以較低價格出售。普通法中，「壓價協議」亦可對其議定各方強制執行：Rawlings v General Trading Co [1921] 1 KB 635。另見 Auction; Bid; Damping the sale; Restraint of trade; Specific performance。 |
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