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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"


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The closed sign would remain up on the front door all day, so Rudy had plenty of time to sit and reminisce as his longtime employees prepared for the going-out-of-business sale that starts today.
AFTER 60 YEARS, VALLEY HARDWARE STORE HANGS UP ITS TOOLS by Daily News (Los Angeles, CA)
Three months later, Buxbaum had orchestrated a going-out-of-business sale, selling $54 million worth of knickknacks to bargain-hungry customers for $29 million.
L.A. retail liquidators are booming as others go bust. (Up Front) by Belgum, Deborah / Los Angeles Business Journal
We are confident that the extensive knowledge and experience Great American Group has in conducting going-out-of-business sales will provide maximum results for Woodworkers Warehouse," stated Sandy Feldman, Vice President of Great American Group.
Great American Group Launches Going-Out-of-Business Sale for ... by Business Wire
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