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distress sale

noun
1.
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.
Origin
1880-1885
1880-85
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for distress sale
  • Prepare notary certifications, register bail agents, and process applications for license for distress sale.
  • The basic premise of a bankruptcy transaction is that it is a distress sale.
  • However, he did not want a distress sale of the condominium.

Word of The Day

Difficulty index for distress sale

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Word Value for distress

9
9
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