Topical Terminology > Stalking Horse
1 Definition
Stalking Horse
For Stalking Horse we have a term and definition in Auction.
Stalking Horse (Auction) 
A Stalking Horse bid/ auction is used to set a public starting price. When used, a seller asks for bids to buy all or some of its assets. The high bid is determined and then used as a "Stalking Horse" by the seller/ court.
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