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distress merchandise
or distressed merchandise
noun
, Commerce.
- goods sold below the prevailing price in order to raise cash quickly or to meet some other financial emergency.
- damaged goods sold below fair-trade prices.
distress merchandise
noun
- goods sold at reduced prices in order to pay overdue debts, etc
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Example Sentences
The rest is distress merchandise that has not moved on the store shelves and is dumped at large discounts to middlemen, who field it out to street hawkers.
They pointed out that the discounters' stores were messy, that the goods they sold were often distress merchandise, and that the clerks were few and were usually order takers who did not know their stock.
When Depression hit, he waved ready cash under publishers' long faces, cornered the market in publishing's distress merchandise.
However, he buys up distress merchandise of other dealers at bargain prices, then turns it in at full credit on his 5% allowance.
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