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English definition of “sell sth off”

sell sth off

phrasal verb with sell     /sel/ 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)
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