fire-sale price

Related to fire-sale price: Firesale
n.1.a price much lower than normal market price; as, the Reagan administration sold off valuable mineral and timber resources at fire-sale prices.
Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
Mentioned in ?
References in periodicals archive ?
Non-productive real estate can be a significant cash drain, and it usually falls to the finance department to track expenditures related to maintenance and insurance, Selling it is an option, of course, but that can mean accepting a fire-sale price, as well as having to pay closing costs and commissions.
Is Entenmann's buying Nabisco's unwanted fats at fire-sale prices?
This environment has caused many nursing home chains to put facilities on the market, sometimes at fire-sale prices. To the savvy buyer, this can be a mecca of opportunity.
In addition to Freddo, ex-proprietors of two other Exxel-owned companies, music chain Musimundo and gourmet coffee store and pastry maker Havanna, are rumored to be trying to buy back their old companies at fire-sale prices.
Constitution - "nor shall private property be taken for public use, without just compensation" - to establish a process that lets the owners of gambling casinos scarf up land adjacent to their properties at fire-sale prices.
To get the numbers in the market, manufacturers often churn out economy cars at (well, almost) fire-sale prices to get the numbers up and avoid big fines.