Order of Sale
/ˈɔːrdər əv seɪl/
Definitions
- (n.) A court-issued directive authorizing the sale of property, often ordered to satisfy a judgment or enforce a lien.
The court issued an order of sale to seize and sell the debtor's property.
- (n.) A directive from an auctioneer or authorized official specifying the manner, timing, or terms of selling goods or assets in a public sale.
The auction proceeded according to the order of sale published beforehand.
Forms
- order of sale
Related terms
See also
Commentary
Typically used in judicial or auction contexts, the term signifies authoritative instructions governing the sale of assets, distinct from informal sale agreements.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.