Meaning of “distress selling” in the English Dictionary


"distress selling" in Business English

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distress sellingnoun [ C or U ]

uk us

FINANCE the act of selling something because you do not have enough money to pay back a debt or to operate your business:

Because a distress selling means the owners are being forced to sell, they usually do not receive as favorable a price as if they were able to wait for ideal selling conditions.

(Definition of “distress selling” from the Cambridge Business English Dictionary © Cambridge University Press)