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fire sale UK US noun [C]
► COMMERCE a sale of goods at a reduced price, because the store has been damaged by fire: »
The store had burned down and I bought the computer at the fire sale.
► COMMERCE a sale of goods at a reduced price: »
More than 300 one-of-a-kind objects are being sold at fire-sale prices to raise money for city cultural programs.
► FINANCE a sale of a business, part of a business, or its assets at a low price, because it needs money or is bankrupt
Financial and business terms. 2012.