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Distressed Sale

    0.04 sec.
Distressed Sale
An urgent sale of assets because of negative conditions.

Notes:
For example, securities may have to be sold because there is a margin call.

Because a distressed sale is happening under unfavorable conditions, the seller generally receives a worse price.



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A decade ago, Barrington left the distressed sale business to shops that specialized in it, such as Westside-based Chanin Capital Partners.
Fewer distressed sales and a rekindling of equity are adding up to make 1998 one of the best housing markets on record, a trade group said Wednesday.
The Federal Communications Commission adopts tax certificate and distressed sale policies that result in increases in the number of minority-owned broadcast properties.
 
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