Distress sale

(redirected from Distress Sales)

Distress sale

The selling of assets under adverse conditions, e.g., an investor may have to sell securities to cover a margin call.

Distress Sale

A rapid, urgent sale of assets, often at a loss. Distressed sales often occur when cash is needed to cover immediate needs or debts. They are also associated with margin calls. A common example of a distressed sale is the rapid sale of real estate when the owner can no longer make the mortgage payments; he/she must sell the property immediately to pay off the mortgage, even if it involves losing money on the property. See also: Distressed securities.
References in periodicals archive ?
The five states that showed the greatest appreciation when including distress sales in the latest report were: New York (+3.
Dubai world to avoid distress sales as it seeks to raise cash for restructuring
Dubai Dubai World will continue to protect as many of its assets from distress sales as it raises cash from operations of the conglomerate's ports operator DP World, Jebel Ali Free Zone and Dubai Maritime City and Dry Docks World, analysts said.
The median price has been suppressed by sluggish sales of high-end homes, distress sales at the middle of the market and brisk sales of less expensive, entry-level homes, local agents and appraisers said.
There are bound to be some distress sales because punters have overstretched them- selves just to get into posh motors.
Whether from manufacturers or private parties, most of the merchandise at Estate Jewelry Guild and Gallery is purchased through distress sales.
While many expected a "massive clearing process", Lachman said, there have been few distress sales by lending institutions and some are even putting money back into the assets by way of tenant improvements to attract tenants.
noted that the pitch book never provides all of the information; she looks at the manager's track record in total rate of return, defaults, and distress sales.
The acquisition also further develops the Company's network and reach by providing access to a large number of bankruptcies and distress sales.