Power Of Sale

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Dictionary Says

Definition of 'Power Of Sale'

A clause written into a mortgage authorizing the mortgagee (lender) to sell the property in the event of default, in order to repay the mortgage debt. As a mortgage term, power of sale is equivalent to the term foreclosure. 
Investopedia Says

Investopedia explains 'Power Of Sale'

The power of sale is language added to a mortgage document that allows the lender to sell the property if the mortgage payments are not met, thereby permitting the lender to repay the mortgage debt. A property that is foreclosed is sold by the lender (usually a bank) in order to recover losses incurred by the loan default.

In addition to a mortgage term, power of sale also refers to the power expressed or implied in a trust agreement permitting the trustee to sell the investments comprising the trust.

Search results for

'Power Of Sale'

  • The Power Of Program Trades

    http://www.investopedia.com/articles/trading/07/program_trading.asp
    The Power Of Program Trades. ... The NYSE defines program trading as a "wide range of
    portfolio trading strategies involving the purchase or sale of 15 or more ...

  • Facing Co-Op Bankruptcy

    http://www.investopedia.com/articles/mortgages-real-estate/09/facing-co-op-bankruptcy.asp
    ... as a result of defaulting on its mortgage, the lender has the power to foreclose ...
    So, any proceeds from the foreclosure sale of a bankruptcy will go to pay the ...

  • CFA Level 1 Study Guide - Liabilities - Sale And Leaseback ...

    http://www.investopedia.com/exam-guide/cfa-level-1/liabilities/sale-leaseback.asp
    ... Systems; 5.18 Absolute and Relative Purchasing Power Parity; 5.19 Relative Purchasing
    Power Parity. ... Value Of The Lease And The Lease Asset; 9.19 Sale And Leaseback ...

  • Cleco Offers Safety And A Dividend

    http://stocks.investopedia.com/stock-analysis/2010/Cleco-Offers-Safety-And-A-Dividend-CNL0504.aspx
    ... Cleco owns 3 natural gas power plants, the Acadia Unit 2, and the Evangeline Units
    6 and 7. The company has a pending sale of Acadia Unit 2 to Entergy for $300 ...

  • CFA Level 1 Study Guide - Global Economic Analysis - Purchasing ...

    http://www.investopedia.com/exam-guide/cfa-level-1/global-economic-analysis/purchasing-power-interest-rate-parity.asp
    ... Systems; 5.18 Absolute and Relative Purchasing Power Parity; 5.19 Relative Purchasing
    Power Parity. ... Value Of The Lease And The Lease Asset; 9.19 Sale And Leaseback ...

  • CFA Level 1 Study Guide - Global Economic Analysis - Absolute and ...

    http://www.investopedia.com/exam-guide/cfa-level-1/global-economic-analysis/absolute-relative-purchasing-power-parity.asp
    ... Systems; 5.18 Absolute and Relative Purchasing Power Parity; 5.19 Relative Purchasing
    Power Parity. ... Value Of The Lease And The Lease Asset; 9.19 Sale And Leaseback ...

  • CFA Level 1 Study Guide - Global Economic Analysis - Relative ...

    http://www.investopedia.com/exam-guide/cfa-level-1/global-economic-analysis/relative-purchasing-power-parity.asp
    ... Systems; 5.18 Absolute and Relative Purchasing Power Parity; 5.19 Relative Purchasing
    Power Parity. ... Value Of The Lease And The Lease Asset; 9.19 Sale And Leaseback ...

  • How To Stage Your Home For A Quick Sale

    http://www.investopedia.com/articles/mortgages-real-estate/08/staging-home.asp
    How To Stage Your Home For A Quick Sale. ... If you can, power wash your home's exterior –
    it can make it look almost freshly painted but with less effort and ...

  • Top 10 Green Industries

    http://www.investopedia.com/articles/stocks/07/green-industries.asp
    ... The business of wind not only includes the generation and sale of power,
    but also the design and construction of wind turbines. ...

  • Nathan's Famous Goes Dutch

    http://stocks.investopedia.com/stock-analysis/2011/Nathans-Famous-Goes-Dutch-NATH-MCD-YUM-WMT1209.aspx
    ... about its business model is that the second and third revenue streams mentioned
    above generated much higher margins than the sale of hot dogs. The power of the ...

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