execution sale
- noun
- Formal
:
venta judicial
- During the execution sale, bidders eagerly auctioned off properties that had been seized due to unpaid debts.
Examples
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The sheriff announced that the house would be sold at an execution sale to recover the unpaid mortgage.
-
Most of these sales were execution sales: sales connected with the execution of a court's judgment. Execution sales nearly always involved debt.
Academic text (2018) -
Most of these sales were execution sales: sales connected with the execution of a court's judgment. Execution sales nearly always involved debt.
Academic text (2018) -
The local newspaper reported the execution sale of the abandoned warehouse, which was mandated by the court.
Synonyms
1
8.4
A public event where a local officer called a sheriff sells property 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
The noun-noun composition is directly interpretable: 'execution' (in its legal sense of a court-ordered enforcement) + 'sale' indicates a sale carried out under that enforcement. Although the phrase is legal jargon, if a learner knows the constituent meanings (including the legal sense of 'execution') the overall meaning is predictable and compositional.
Etymology
Execution sale comes from execution, which meant 'carrying out' a court order, and sale, meaning selling goods. The image is of an official carrying out the court order by holding a sale of a debtor's property so the money will pay the debt, so the phrase means 'a sale held by the authorities to pay a debt'.