forced sale

Friendly

Word: Forced Sale

Part of Speech: Noun

Definition: A "forced sale" is when a property is sold by the government, often through a sheriff, because the owner has not paid money they owe (like a loan or taxes). This sale happens because a court has ordered it to recover the unpaid debt.

Usage Instructions:

• You can use "forced sale" when discussing situations involving property and debts, especially in legal or financial contexts.

Example Sentence:

• "After months of not paying his mortgage, the bank arranged a forced sale of the house to recover the money owed."

Advanced Usage:

• In legal discussions, you might hear "forced sale" in relation to terms like "writ of execution," which is the legal document that allows the sale to happen.

Word Variants:

• Force (verb): To make someone do something; in this context, it refers to the action taken to sell the property.
• Sale (noun): The act of selling something.

Different Meanings:

1. General Sale: A regular sale where the seller willingly puts an item up for sale.
2. Distressed Sale: A sale that happens because the owner needs to sell quickly, but not necessarily by force.

Synonyms:

• Court-ordered sale: A sale mandated by the court.
• Auction sale: A sale where items are sold to the highest bidder, often used in forced sales.
• Seizure sale: A sale of property that has been taken by authorities due to unpaid debts.

Idioms and Phrasal Verbs:

• "Sell like hotcakes" – This means something is selling very quickly, but it is not related to a forced sale.
• "Sell off" – This can mean to sell something quickly or at a lower price, but again, it’s not specifically about forced sales.

Academic

Noun

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

Synonyms

• sheriff's sale
• execution sale
• judicial sale