proceedable - definition and synonyms

  1.   From our crowdsourced Open Dictionary
    legal term, often used in the housing market, meaning that someone is in a position to proceed with a purchase (e.g. mortgage in place and not waiting to sell their own property)

    Proceedable buyers have a much greater chance of their offers being accepted, as vendors have less fear that the sale will fall through.

    Submitted from United Kingdom on 13/04/2010