English Expression · Intermediate

fire sale

A clearance sale at greatly reduced prices, often at losses

Pronunciation: say fire sale

Meaning

A clearance sale at greatly reduced prices, often at losses.

Example

The fire sale comes a week after FTX provided a $250 million emergency line of credit to BlockFi.

The fire sale comes a week after FTX provided a $250 million emergency line of credit to BlockFi.

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