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distress sale
noun
- a sale held for the purpose of raising money to meet emergency expenses and usually offering goods at a substantial discount for the payment of cash.
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Word History and Origins
Origin of distress sale1
First recorded in 1880–85
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Example Sentences
In other words, it would be akin to a distress sale, a further blow for ByteDance's bottom line.
From BBC
The letter said the closure was “not a liquidation, clearance or distress sale,” and the company was not facing financial difficulties.
From Los Angeles Times
Just 10 years later, the Newseum is shrinking into an uncertain future, the distress sale of its building to Johns Hopkins University marking the end of a troubled tenure that has become a cautionary tale of bloated budgets and unrealized ambition.
From Washington Post
“It was bought at a distress sale,” Donald Trump recalled.
From Washington Post
That anyone would sell at such a large loss suggests a distress sale.
From New York Times
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