What does going-out-of-business sale mean?

Definitions for going-out-of-business sale
go·ing-out-of-busi·ness sale

This dictionary definitions page includes all the possible meanings, example usage and translations of the word going-out-of-business sale.

Princeton's WordNet

  1. going-out-of-business salenoun

    a sale of all the tangible assets of a business that is about to close

    "during the Great Depression going-out-of-business sales were very common"

ChatGPT

  1. going-out-of-business sale

    A going-out-of-business sale is a clearance sale organized by a company or storefront before shutting down operations permanently. It typically involves selling off all remaining inventory, often at heavily discounted prices, with an intention to generate as much revenue as possible before closing the business. This type of sale not only helps in liquidating the business assets but also in clearing outstanding debts or costs.

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Numerology

  1. Chaldean Numerology

    The numerical value of going-out-of-business sale in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of going-out-of-business sale in Pythagorean Numerology is: 4

Examples of going-out-of-business sale in a Sentence

  1. SiriusXM:

    These legendary artists see that time is ticking away – why not get one more big payday ? Tell your fan base it’s the last time. There’s no better way to create urgency and sales tickets, it’s like a ‘ Going out of Business ’ sale, even if you’re not going out of business.

  2. Mark Cohen:

    They're not going to have a great Christmas, they're going to have a less grim Christmas, but it's nothing more than an extended going out of business sale.

  3. Neale Vincent:

    As investors fight to secure some of the rapidly declining float of investable bonds, the market is trading like a department store's going-out-of-business sale.

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"going-out-of-business sale." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/going-out-of-business+sale>.

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