HyperDic: going-out-of-business_sale

English > 1 sense of the expression going-out-of-business sale:
NOUNactgoing-out-of-business salea sale of all the tangible assets of a business that is about to close
English > going-out-of-business sale: 1 sense > noun 1, act
MeaningA sale of all the tangible assets of a business that is about to close.
Broadersale, cut-rate sale, sales eventAn occasion (usually brief) for buying at specially reduced prices

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