Definition of fire sale noun from the Oxford Advanced American Dictionary

     

    fire sale

     noun
    noun
     
     
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  1. 1 a sale of goods at low prices because they have been damaged by a fire or because they cannot be stored after a fire
  2. 2 a sale at low prices of things that a company or person owns, usually in order to pay debts The company was forced to have a fire sale of its assets.
See the Oxford Advanced Learner's Dictionary entry: fire sale