fire sale

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  • noun

Words related to fire sale

a sale of assets at very low prices typically when the seller faces bankruptcy

a sale of merchandise supposedly damaged by fire

References in periodicals archive ?
Christopher Samba is one of the few stars who has not left Anzhi after the firesale instigated by owner Suleiman Kerimov
Despite Blues' financial woes, there is not believed to be the need for a firesale and there would be no pressure to sell Davies on the cheap.
With wages failing to appear and a January firesale in the offing, he and his U-19 mates were on standby for action.
We are exposed to about pounds 120bn in Irish banks and property assets, held up in value from a firesale by the Irish European protection arrangements.
DO NOT MISTAKE THIS AS A FIRESALE BECAUSE BUSINESS IS GOING WELL.
The move is consistent with what senior Dubai officials have been saying in recent weeks about the need to take proactive measures to reduce Dubai's debt, but not through a firesale of assets," said Chavan Bhogaita, head of credit research at National Bank of Abu Dhabi.
Major restructure and a firesale of players seem certain.
The Blethen family, owners of the Seattle Times and three other Washington state dailies, were forced to liquidate dailies it owned in Maine last year at what are understood to be firesale prices because of the overall newspaper business downturn.
Brokers say it's become nearly impossible to sell a home that's not in foreclosure unless it's done at a firesale price.
The industry has been shaken by the demise of Woolworths and the firesale of its products in the closing down sale.
More importantly, they're available as surplus at a firesale price of about $300,000 U.
The land was given away in usufructo, together with all the existing facilities and machinery at firesale prices by way of soft state credits offered by Cuba's Central Bank.
Firesale Softway CEO Doug Miller does not expect Mortice Kern Systems Inc's acquisition of Unix-on-NT company DataFocus Inc (see separate story) to alter the competitive landscape much.
According to The Wall Street Journal, an Idaho salvage dealer purchased at a 1993 Department of Energy firesale the essentials to make bomb-grade uranium, including equipment, blueprints, and flowcharts.
The problem of course is the hovering threat Fairfield will have to unload its assets at firesale liquidation prices and all that stock will end up as corporate wallpaper.