fire sale


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fire sale

n.
A sale of merchandise damaged by fire.

fire sale

n
1. (Commerce) a sale of goods at reduced prices after a fire at a shop or factory
2. (Commerce)
a. any instance of offering goods or assets at greatly reduced prices to ensure a quick sale
b. (as modifier): fire-sale prices.

fire′ sale`


n.
a special sale of merchandise actually or supposedly damaged by fire.
[1890–95, Amer.]
fire′-sale`, adj.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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"
References in periodicals archive ?
Woodford has been dumping shares in a swathe of businesses as part of a fire sale to raise cash for his flagship Equity Income fund, which was suspended in June after becoming overwhelmed by investor withdrawals.
The letter reiterates that investment firm Bow Street LLC's sole objective is to acquire Mack-Cali's premium office assets at a lowball price or force a "fire sale" of the company.
Labour is now calling on the Government to make additional capital funding available to the NHS in the Budget this autumn, so that hospitals dont have to rely on a fire sale of valuable sites to plug the Tories NHS financial black hole.
Equanimity (Cayman) Ltd also accused the government of violating the due legal process by seeking to expedite a 'fire sale' of the 300-foot, multi-storey yacht through the Malaysian courts while a suit involving the US government is still pending in US courts.
Shleifer and Vishny (1992) define a fire sale as the forced sale of an asset at a dislocated price.
FIRE SALE Great opportunity for Buyer to acquire an easily run business located on busy highway.
An attempt to block the Government's "fire sale" of the taxpayer-saved Royal Bank of Scotland will be launched today.
The group's Fionn Travers-Smith said: "The public is overwhelmingly opposed to the reckless fire sale of RBS back to the people who caused the financial crisis."
CHANCELLOR George Osborne is planning PS32 billion privatisation that will top all, and he's kicking it off with a fire sale of RBS.
SOME assets of collapsed delivery firm City Link have been sold, sparking claims that a "fire sale" has started.
Summary: Conditional pass-through covered bonds (CPTCBs) with a sufficiently robust structure can remove the risk of a fire sale