HyperDic: going-out-of-business_sale

English > 1 sense of the expression *going-out-of-business sale*:
NOUN	act	going-out-of-business sale	a 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
Meaning	A sale of all the tangible assets of a business that is about to close.
Broader	sale, cut-rate sale, sales event	An occasion (usually brief) for buying at specially reduced prices