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fire sale
(redirected from Firesale)

   Also found in: Financial, Wikipedia 0.01 sec.
fire sale
n.
A sale of merchandise damaged by fire.

fire sale
n
1. (Business / Commerce) a sale of goods at reduced prices after a fire at a shop or factory
2. (Business / Commerce) any instance of offering goods or assets at greatly reduced prices to ensure a quick sale
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.fire sale - a sale of assets at very low prices typically when the seller faces bankruptcyfire sale - a sale of assets at very low prices typically when the seller faces bankruptcy
cut-rate sale, sales event, sale - an occasion (usually brief) for buying at specially reduced prices; "they held a sale to reduce their inventory"; "I got some great bargains at their annual sale"
2.fire sale - a sale of merchandise supposedly damaged by fire
cut-rate sale, sales event, sale - an occasion (usually brief) for buying at specially reduced prices; "they held a sale to reduce their inventory"; "I got some great bargains at their annual sale"


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The acquisition -- at a firesale auction of Nortel assets in New York on Friday -- will make North America the biggest market for Ericsson, which last year reported sales there of 2.
The acquisition -- at a firesale auction of Nortel assets in New York on Friday -- will make North America the biggest region within Ericsson, which last year reported sales there of 2.
Brokers say it's become nearly impossible to sell a home that's not in foreclosure unless it's done at a firesale price.
 
 
 
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