/dəˈfɪʃənsi ˈdʒʌdʒmənt/ – Phrase
Definition: Quyết định của tòa án xác định số tiền còn thiếu sau khi tài sản của người vay đã được bán để trả nợ.
A more thorough explanation: a court order that makes you personally liable for unpaid debt; a court order against a debtor stating that the sale on a foreclosed piece of property (=where bank takes property because money borrowed not paid back) did not cover the outstanding mortgage in full.
Example: The lender (=person lending money) was unable to obtain a deficiency judgment in this type of foreclosure (=where bank takes property because money borrowed not paid back).