firesale

/F AY1 ER0 S EY1 L/
noun
  1. 1

    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.

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Source: https://en.wiktionary.org/wiki/fire%20sale, https://en.wiktionary.org/wiki/firesale

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