0 a sale of goods at reduced prices, especially because the shop has been damaged by fire
1 a sale of goods at low prices because they have been slightly damaged in a fire
2 a sale of goods at a reduced price, because the store has been damaged by fire:
4 a sale of a business, part of a business, or its assets at a low price, because it needs money or is bankrupt
Why can we not use the money that we have to stimulate the market rather than depress the market by having what is almost a fire sale at the moment?
With the club struggling to pay the cost they had to begin a fire sale of the best players.
Teams usually have a fire sale for financial reasons.
In many banking systems, they do so only at fire sale prices.
This means that long-term assets have to be liquidated (fire sale) which causes loss.
A fire sale may or may not be a closeout, the final sale of goods to zero inventory.
The attack procedure is known as a fire sale, depicting a three-stage coordinated attack on a country's transportation, telecommunications, financial, and utilities infrastructure systems.
Both these effects cause the borrowers to engage in a fire sale, lowering prices and deteriorating external financing conditions.
