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fire sale |
Also found in: Wikipedia | 0.03 sec. |
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
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There's no fire sale, at least not in the San Fernando Valley. The Savings and Loan crisis was born, accompanied by rampant foreclosures and a subsequent fire sale of real estate assets. Many people might think that fund-raising was the job of the Board of Trustees, which once succeeded in selling the site of the Martha Graham School at what seemed to be a fire sale price. |
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