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Fire sale

Definitions:

Noun

fire sale

Definition: a sale of assets at very low prices typically when the seller faces bankruptcy

fire sale

Definition: a sale of merchandise supposedly damaged by fire

Definition: A clearance sale at greatly reduced prices, often at losses. Originally, a sale of product 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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