fire sales
Everything must go
A fire sale is a sale of goods at heavily discounted prices, originally referring to merchandise damaged by fire and sold cheaply to recover some value.
The term now applies to any urgent liquidation—a failing business conducting a fire sale, or assets sold at fire-sale prices during financial distress.
They picked up the company's equipment at fire-sale prices after the bankruptcy.
- discountsSubtractions from full price
- deep discountsSubstantial price reductions
- overstockSurplus goods beyond demand
- markdownsLowered retail prices
- liquidationSelling assets for cash
clearance · everything must go · going out of business · closeout · foreclosure · bargains · distress · bankruptcy · bargain hunting · insolvency · financial crisis · panic selling · urgency · promotional offers · seasonal discounts · price cuts · deal · asset seizure
- pricingpricing, discount price, overpricing, discounts, overcharge
- Sales Typesliquidation, e-commerce
- bankruptcybankruptcy, bankruptcy court, Chapter 11, Chapter 7, bankruptcy petition
fire salespremium pricing
Charging above competitors deliberately
price gouging · full price · top dollar · at a premium · markup
fire salesseller's market
Conditions favoring vendors
bidding war · competitive bidding · supply shortage · bull market
fire, sale, fires, fired, firing, fireman, fireplace, firework, fireworks