Definition of "Liquidation price"

Alisa Parker real estate agent
Alisa Parker, Real Estate Agent Coldwell Banker Residential Brokerage - Ballantyne

cash value or other consideration that can be received in a forced sale of real estate, such as that occurring in a foreclosure or when a company is going out of business. The liquidation value is typically less than what could be received from selling assets in the ordinary course of business.

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