Meaning of “fire sale” in the English Dictionary

"fire sale" in British English

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fire salenoun [ C ]

uk /ˈfaɪə ˌseɪl/ us /ˈfaɪr ˌseɪl/

a sale of goods at reduced prices, especially because the shop has been damaged by fire

a sale of a business or part of a business at a low price because it needs money or is bankrupt

(Definition of “fire sale” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"fire sale" in American English

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fire salenoun [ C ]

us /ˈfɑɪər ˌseɪl/

a sale of goods at low prices because they have been slightly damaged in a fire

(Definition of “fire sale” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"fire sale" in Business English

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fire salenoun [ C ]

uk us

COMMERCE a sale of goods at a reduced price, because the store has been damaged by fire:

The store had burned down and I bought the computer at the fire sale.

COMMERCE a sale of goods at a reduced price:

More than 300 one-of-a-kind objects are being sold at fire-sale prices to raise money for city cultural programs.

FINANCE a sale of a business, part of a business, or its assets at a low price, because it needs money or is bankrupt

(Definition of “fire sale” from the Cambridge Business English Dictionary © Cambridge University Press)