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forced sale

   Also found in: Legal, Financial, Wikipedia 0.04 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.forced saleforced sale - a sale of property by the sheriff under authority of a court's writ of execution in order satisfy an unpaid obligation
sales agreement, sale - 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); "the salesman faxed the sales agreement to his home office"


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It was also made interesting by the testimony of Job Potterson, the ship's steward, and one Mr Jacob Kibble, a fellow-passenger, that the deceased Mr John Harmon did bring over, in a hand-valise with which he did disembark, the sum realized by the forced sale of his little landed property, and that the sum exceeded, in ready money, seven hundred pounds.
 
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