Meaning of “sell sth off” in the English Dictionary

(Definition of “sell sth off” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"sell sth off" in Business English

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sell sth off

phrasal verb with sell uk /sel/ us verb sold, sold

FINANCE to sell all or part of a business or industry, often at a low price:

He resisted all attempts to sell the public broadcast channel off to the private sector.

COMMERCE, FINANCE to charge a low price for something to encourage people to buy it:

sell off assets/stock They're selling off last year's stock at half price.

(Definition of “sell sth off” from the Cambridge Business English Dictionary © Cambridge University Press)