Dictionary
      Back to home
      1. Funding Info
      2. Dictionary

      Forced sale

      A forced sale of a business can happen when the business owes a lot of money and the creditors are worried that it will not be able to pay its debts. The creditors can apply to a court for a forced sale to take place. In this case, any assets that the business owns will be sold and paid to the creditors to settle the debts.