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forced sale

noun, Law.
1.
a sale held as a result of a judicial order.
Origin
1840-1850
1840-50, Americanism
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for forced sale
  • Also, he/she may take into consideration forced sale value when it bears a realistic relationship to fair market value.
  • The price for which such real property would sell at auction or forced sale shall not be taken as the criterion of its value.
  • Liquidation value refers to the amount you can expect to recover in a forced sale situation.
  • The value of a particular item of property is not the price that a forced sale of the property would produce.

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