distressed property

distressed property
distressed property distressed property property

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distressed property UK US noun [U]
PROPERTY property that an owner must sell because they failed to pay their payments on a mortgage: »

Commercial property markets saw an increase in foreclosures and distressed property in the third quarter.


Financial and business terms. 2012.

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Look at other dictionaries:

  • distressed property — USA Real property that is subject to a foreclosure action or a pending foreclosure action. Sometimes distressed property can also be real property that is subject to pressures operating on the owner other than a pending foreclosure, such as a… …   Law dictionary

  • distressed property — Property that must be sold because of mortgage foreclosure or on probate of insolvent estate …   Black's law dictionary

  • distressed property — Property that must be sold because of mortgage foreclosure or on probate of insolvent estate …   Black's law dictionary

  • property — prop‧er‧ty [ˈprɒpəti ǁ ˈprɑːpər ] noun properties PLURALFORM 1. [uncountable] LAW all the things that someone owns: • Some of the stolen property was found in Mason s house. • The President supports a tax cut on profits from sales of property… …   Financial and business terms

  • Distressed Sale — When property, stocks or other assets are sold in an urgent manner, often at a loss. Distressed sales often occur at a loss because funds tied up in the asset are needed within a short period of time. The funds from these assets are most often… …   Investment dictionary

  • distressed — distressedly /di stres id lee, strest lee/, adv. distressedness, n. /di strest /, adj. 1. affected with or suffering from distress. 2. (of merchandise or property for sale) damaged, out of date, or used. 3. (of real estate) foreclosed and offered …   Universalium

  • distressed — dis•tressed [[t]dɪˈstrɛst[/t]] adj. 1) suffering from distress 2) cvb bus (of merchandise or property for sale) damaged, out of date, or used 3) cvb fur (of furniture or wood) purposely blemished or marred so as to give an antique appearance 4)… …   From formal English to slang

  • Cœur Défense — General information Type Office Location La Défense ( …   Wikipedia

  • The News & Observer — The June 16, 2009 front page of The News Observer Type Daily newspaper Format …   Wikipedia

  • United States Conference of Mayors — Current USCM President Antonio Villaraigosa Abbreviation USCM Formation 1932 …   Wikipedia

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