power of sale
the right of a creditor (=person owed money) to force the sale of property offered as security on a loan without going to court A power of sale is implied into every mortgage (=agreement to borrow money to buy eg a house) made by deed.
- The bank exercised its power of sale.
- The company is hereby granted a power of sale.
- A power of sale arises by operation of law.
- The mortgage contained an express power of sale.