sheriff's sale
- noun
- /ˈʃɛrɪfs seɪl/
- Formal
- The March 4 sheriff's sale got the bank's attention, and the two sides have now settled the suit, if not their differences.
Examples
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After missing several payments, the house was put up for sheriff's sale to recover the debt.
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The local newspaper published a list of properties that will be available at the upcoming sheriff's sale.
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"It felt like the sheriff's sale was a little taste of justice for me."
Blog text (6) -
But I'll wait for the sheriff's sale.
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You wait until the sheriff's sale takes place to confirm it.
Blog text (31) -
It took until May of 2009 for them to send notice of the sheriff's sale, which was in November of 2009.
Blog text (26) -
Eventually, a final judgment went through, and a sheriff's sale date was set for Nov. 16th, 2010.
Blog text (21) -
He also used sheriff's sales to expand his holdings.
Academic text (1991) -
They are trying to say that the "FMV of the home is $176k when the real FMV of the home is only $45k; it sold after the sheriff's sale for $50k.
Blog text (26) -
Many bidders attended the sheriff's sale hoping to find a good deal on distressed properties.
Synonyms
An act of giving something to someone for money
To sell something at a public sale where people bid and the highest bidder buys it
A public sale where items go to the person who offers the most money
A public sale of a person's property ordered by a court to pay a debt
A sale of property that a court orders to pay a debt
A sale of a person's property ordered by a court or bank to pay a debt
Surface Forms
Morphology
sheriff's + sale
Knowing 'sheriff' (a law-enforcement officer) and 'sale' (an event where goods are sold) gives a B1 learner a clear hint that this is a sale conducted by a sheriff, so the basic idea is derivable. However, the specific legal sense — a court-ordered public auction to satisfy unpaid debts — and the institutional practice behind it are specialized and culture-specific, so the full meaning is not predictable without prior exposure.
Etymology
Sheriff's sale comes from a simple scene: a local sheriff, who is a law officer, would hold a public sale, selling a person's things so the money could be used 'to pay a debt' after a court order. That's why today sheriff's sale means a public sale of property 'to satisfy an unpaid debt'.