fire sale
fire sale · fire sales
Ausverkauf
A clearance sale at greatly reduced prices, often at lossesA clearance sale at greatly reduced prices, often at losses.
Meaning
1 senses(idiomatic)A clearance sale at greatly reduced prices, often at losses.
Ausverkauf
a sale of assets at very low prices typically when the seller faces bankruptcy
Translations
1 languagesDeutsch
By meaning 1
clearance sale at reduced prices:
Origin
By metonymy, from 19th century discount sales of products that had been damaged by fire orBy metonymy, from 19th century discount sales of products that had been damaged by fire or that could no longer be stored because the storage facility had been destroyed by fire necessitating immediate sale or loss of value.
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