NOUN | communication | forced sale, sheriff's sale, execution sale, judicial sale | a sale of property by the sheriff under authority of a court's writ of execution in order satisfy an unpaid obligation |
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Meaning | A sale of property by the sheriff under authority of a court's writ of execution in order satisfy an unpaid obligation. | |
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Synonyms | sheriff's sale, execution sale, judicial sale | |
Broader | sale, sales agreement | An agreement (or contract) in which property is transferred from the seller (vendor) to the buyer (vendee) for a fixed price in money (paid or agreed to be paid by the buyer) |
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