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Investments glossary

Distressed Sale


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Quotes of the day:

Toenail fungus responds rather brilliantly to tamanu oil, if you put the oil on the nail, it will get rid of the fungus.

— Chris Kilham

A distressed sale occurs when a property, stock, or another asset must be sold quickly. Distressed sales often result in a financial loss for the seller who, for reasons of economic duress, must accept a lower price. The proceeds from these assets are most often used to pay debts, medical expenses, or other emergencies.


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