Definitions for fire sale
fire sale

Princeton's WordNetRate this definition:0.0 / 0 votes

1. fire salenoun

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

2. fire salenoun

   a sale of merchandise supposedly damaged by fire

GCIDERate this definition:0.0 / 0 votes

1. fire salenoun

   a sale of objects damaged by fire, usually at much reduced prices.

2. fire salenoun

   A sale of objects or assets at much reduced prices, often performed to raise money rapidly.

WiktionaryRate this definition:0.0 / 0 votes

1. fire salenoun

   A clearance sale at greatly reduced prices, often at losses. Originally, a sale of product that had been damaged by fire or that could no longer be stored because the storage facility had been destroyed by fire necessitating immediate sale or loss of value.

WikipediaRate this definition:0.0 / 0 votes

1. Fire sale

   A fire sale, also known as a "Miami Marlins special", is the sale of goods at extremely discounted prices. The term originated in reference to the sale of goods at a heavy discount due to fire damage. It may or may not be defined as a closeout, the final sale of goods to zero inventory. They are said to occur in the financial markets when bidders who value assets highly are prevented from bidding on them, depressing the average selling price below what it otherwise would be. This lowering of the price can cause even further issues because it may be inaccurately perceived as signalling negative information.

ChatGPTRate this definition:0.0 / 0 votes

1. fire sale

   A fire sale is a situation where goods, assets, or securities are sold at heavily discounted prices, often due to an urgent need to dispose of them quickly, such as in a financial crisis, liquidation process, or bankruptcy. Despite the name, a fire sale doesn't necessarily involve a fire; the term is used metaphorically to represent extreme urgency or a situation of financial distress.

WikidataRate this definition:0.0 / 0 votes

1. Fire sale

   A fire sale is the sale of goods at extremely discounted prices, typically when the seller faces bankruptcy or other impending distress. The term originated in reference to the sale of goods at a heavy discount due to fire damage. A fire sale may or may not be a closeout, the final sale of goods to zero inventory. Fire sales are thought to occur in the financial markets when bidders who value assets highly are prevented from bidding on them, depressing the average selling price below what it otherwise would be. This lowering of the price can cause even further issues because it may be inaccurately perceived as signaling negative information.

Matched Categories

1. • Sale

How to pronounce fire sale?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say fire sale in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of fire sale in Chaldean Numerology is: 1

2. Pythagorean Numerology

   The numerical value of fire sale in Pythagorean Numerology is: 3

Examples of fire sale in a Sentence

1. Simon Redmond:

   It is mostly just to recognise the risk that there is a haircut in a fire sale scenario, in a speedy liquidation. It is fairly standard to assume some kind of a haircut.

2. Tara Unverzagt:

   The goal is to never be in a situation where Ryan Mohr have to have a' fire sale' at low prices to get cash to pay Ryan Mohr expenses.

3. Group Treasurer Dixit Joshi:

   We have no need for a fire sale given the quality of the assets and the run-down profile.

4. Matthew Duch:

   It doesn't feel like a fire sale, guys are backing away and waiting for greater clarity.

5. Ricardo Lacerda:

   Many believed that takeover costs would fall sharply in dollar terms, and they did, but valuations remained surprisingly resilient, brazil is not in a fire sale.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=fire sale
2. ^ GCIDE
   https://gcide.gnu.org.ua/?q=fire sale
3. ^ Wiktionary
   https://en.wiktionary.org/wiki/Fire_Sale
4. ^ Wikipedia
   https://en.wikipedia.org/wiki/Fire_Sale
5. ^ ChatGPT
   https://chat.openai.com
6. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=fire sale