Korean

경락인
Meaning: successful bidder in an auction; auction purchaser
Part of Speech: Noun

Listen to pronunciation

Example

경락인은 잔금을 낸 뒤 부동산의 소유권을 취득한다.
After paying the balance, the successful bidder acquires ownership of the real estate.

Usage Notes

A legal term for the person who obtains ownership of movable or immovable property through an auction.

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