Potential Liquidation Value Law and Legal Definition
According to 7 CFR 761.2 [Title 7 – Agriculture; Subtitle B Regulations of The Department of Agriculture; Chapter VII Farm Service Agency, Department of Agriculture; Subchapter D Special Programs; Part 761 General Program Administration; Subpart A General Provisions], potential liquidation value is “the amount of a lender's protective bid at a foreclosure sale. Potential liquidation value is determined by an independent appraiser using comparables from other forced liquidation sales.”
Legal Definition list
- Potential First-Generation College Student [Education]
- Potential Current Beneficiary
- Potential Biological Removal Level
- Potentia Inutilis Frustra Est
- Pot Trust
- Potential Liquidation Value
- Potentially Abusive Return
- Potentially Hazardous Foods
- Potentially Infectious Medical Waste
- Potestas
- Potestative Condition
