Definition of distress sale in English:

Share this entry

distress sale

Entry from US English dictionary

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.

For editors and proofreaders

Syllabification: dis·tress sale

Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.