Meaning of knock-down in English. (of a price) extremely cheap: They're selling jeans for ridiculous knock-down prices. Want to learn more?

What is knockdown mean?

1 : to strike to the ground with or as if with a sharp blow : fell. 2 : to dispose of (an item) to a bidder at an auction sale. 3 : to take apart : disassemble. 4 : to receive as income or salary : earn positions where they were able to knock down good money — Infantry Journal. 5 : reduce knocked the price down.

What is knock down in auction?

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 tbe terms of the sale. “Knocked down” and “struck off” are synonymous terms.