The definition of yoke is the bar that is used as a frame to pull or support something heavy. 1. An example of yoke is the wood that oxen are hooked to on an old-style plow. 2.
Short sale (real estate) A short sale is a sale of real estate in which the net proceeds from selling the property will fall short of the debts secured by liens against the property. In this case, if all lien holders agree to accept less than the amount owed on the debt, a sale of the property can be accomplished. A Short Sale is not to be confused with a Short Settlement. A short sale has two intrinsic and inseverable components. A Short Sale is successful when The Lien holder is agreeable to net less than the amount o
(For an in-depth look at short selling, see our Short Selling Tutorial.) RELATED FAQS. What happens when the lender of the borrowed shares in a short sale transaction wants ... In a short sale transaction, shares are borrowed from the lender by the short seller and sold in the market. The lender of ... Read Answer >>.