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Definition of fire sale noun from the Oxford Advanced Learner's Dictionary

fire sale

noun
 
/ˈfaɪə seɪl/
 
/ˈfaɪər seɪl/
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  1. 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.
  2. a sale of goods at low prices because they have been damaged by a fire or because they cannot be stored after a fire
See fire sale in the Oxford Advanced American Dictionary
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