judicial sale

Definition of "judicial sale"
  1. A sale conducted under court order or supervision by a court-appointed official, often for the purpose of satisfying a judgment or executing a court order
How to use "judicial sale" in a sentence
  1. The creditors were finally paid off after the judicial sale of the debtor's property.
  2. Due to a property dispute, a judicial sale was necessary to fairly distribute the assets.
  3. The court ordered a judicial sale of the seized goods to fund the judgment.

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