forced sale

Definition of "forced sale"
  1. A court-approved sale of goods by a creditor when the owner faces bankruptcy or foreclosure
How to use "forced sale" in a sentence
  1. Due to bankruptcy, his assets were liquidated in a forced sale.
  2. When their home went into foreclosure, they had to undergo a forced sale.
  3. If the business doesn't pay its debt, this may ultimately lead to a forced sale.

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