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English definition of “flash sale”

flash sale

noun [C]    
COMMERCE a very short period of time when a store sells products at much lower prices than usual: A reduction in consumer spending has caused some stores to hold occasional flash sales, lasting just one day.
PROPERTY a type of sale where a property company buys a property at a very reduced price from someone who no longer has the money to own the property: Faced with repossession, growing numbers of homeowners are turning to flash sale property companies.
(Definition of flash sale noun from the Cambridge Business English Dictionary © Cambridge University Press)
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