Deficiency Judgment Definition

noun
A judgment in favor of a mortgagee for the remainder of a debt not completely cleared by foreclosure and sale of the mortgaged property.
Webster's New World
A judgment for the balance of a debt already partly paid, typically through a forced sale of personal or real property.
Webster's New World Law

Find Similar Words

Find similar words to deficiency judgment using the buttons below.

Words Starting With

Words Ending With

Unscrambles

deficiency judgment

Word Length