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judicial sale

DEFINITIONS OF: judicial sale

1

n a sale of property by the sheriff under authority of a court's writ of execution in order satisfy an unpaid obligation

Synonyms:
execution sale, forced sale, sheriff's sale
Type of:
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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