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distress sale

Syllabification: dis·tress sale

Definition of distress sale in English:

noun

A sale of goods or assets at reduced prices to raise much-needed funds.
Example sentences
  • The decline in prices may force a distress sale of collateral assets that, in turn, depresses asset prices.
  • Those prices indicate a severe distress sale in themselves.
  • If the company is not running, the assets will not fetch its market price but only the distress sale price.

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