clearance sale Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “clearance sale” in the English Dictionary

"clearance sale" in Business English

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clearance salenoun [C]

uk   us   (also clearance [C or U]) COMMERCE
an ​event at a ​store, during which it ​sellsproducts at a ​lowerprice than usual in ​order to get rid of them: Save up to 60% on ​appliances during our storewide clearance ​sale. As ​businessslowed, some ​chains held clearance ​sales to ​lurecustomers and get rid of summer ​goods.
(Definition of clearance sale from the Cambridge Business English Dictionary © Cambridge University Press)
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