What is the definition of Fire sale? | Dictionary.net

FIRE SALE

\fˈa͡ɪ͡ə sˈe͡ɪl], \fˈa‍ɪ‍ə sˈe‍ɪl], \f_ˈaɪə s_ˈeɪ_l]\

Definitions of FIRE SALE

2011 - English Dictionary Database
2006 - WordNet 3.0
1910 - Black's Law Dictionary (2nd edition)

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a sale of merchandise damaged by fire

2011 - English Dictionary Database
By DataStellar Co., Ltd

a sale of merchandise supposedly damaged by fire
a sale of assets at very low prices typically when the seller faces bankruptcy

2006 - WordNet 3.0
By Princeton University

Selling assets at a discount to get a quick sale and avoid disaster or settle debt. This is done a deep discount in case of emergency. The collateral is valued at fire sale rates.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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