Bargain Sale

Importance: 0.43

Is a company: no

Is a proper noun: no

Synonyms

  • under valued
  • cheap
  • discounted
  • less than market value

Definition of Bargain Sale

  1. A bargain sale refers to purchasing a property or an item for less than the market value.

Related Terms and Acronyms

  • Market Value (MV) Acronym, Important,
    • Also known as "Fair Market Value." The estimated value of a property which a seller could expect to receive under normal conditions.
  • Comparative Market Analysis (CMA) Acronym, Important,
    • A method of estimating a property's value by comparing the sales prices of similar properties that have sold recently.
  • Backup Offer Definition,
    • A bid for a property that the owner will consider if the current transaction falls through.
  • Low Ball Offer Definition,
    • A way-below-market bid a buyer makes on a property or item.
  • Probate Sale Definition,
    • Sale of property after the death of the owner, supervised by a court, with proceeds divided among creditors and heirs.
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