going-out-of-business sale


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Noun1.going-out-of-business sale - a sale of all the tangible assets of a business that is about to close; "during the Great Depression going-out-of-business sales were very common"
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"