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execution sale

 

Definitions from WordNet

Noun execution sale has 1 sense
  1. sheriff's sale, execution sale, judicial sale, forced sale - a sale of property by the sheriff under authority of a court's writ of execution in order satisfy and unpaid obligation
    --1 is a kind of sale, sales agreement

Definitions from the Web

Execution Sale

Definition: An execution sale refers to a public auction where a property is sold to repay a debt or satisfy a judgment. It is typically carried out under legal orders or court supervision.

Examples:

  1. The debtor's house was offered for auction at an execution sale to settle the outstanding mortgage debt.
  2. During the execution sale, the highest bidder purchased the seized assets of the delinquent business.

Related Products:

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