deficiency judgment

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noun Law.

a judgment in favor of a creditor who has not satisfied the full amount of a claim against a debtor.

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His boss, whom he admires, is waiting to meet with him about the big project.

His boss, who he admires, is waiting to meet with him about the big project.

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Words nearby deficiency judgment

defibrillator, defibrinate, deficiency, deficiency account, deficiency disease, deficiency judgment, deficient, deficient number, deficit, deficit financing, deficit spending

How to use deficiency judgment in a sentence

"I have a deficiency judgment against the Rancho Palomar," he explained.
The Pride of Palomar|Peter B. Kyne
The Deficiency Judgment and renewal of the same gives opportunity for greedy and unprincipled creditors to rob the debtor.
Blazing The Way|Emily Inez Denny
In that event the mortgagee will be entitled to a deficiency judgment against the mortgagor.
Commercial Law|Samuel Williston, Richard D. Currier, and Richard W. Hill
Why, no, mother; didn't I explain to you there'd be a deficiency judgment?
The Wizard's Daughter and Other Stories|Margaret Collier Graham

"There would be a deficiency judgment, then," said the millionaire.
The Wizard's Daughter and Other Stories|Margaret Collier Graham