a special sale of merchandise actually or supposedly damaged by fire.
a sale, as of assets, at reduced prices, in order to raise money quickly.
a sale of goods at reduced prices after a fire at a shop or factory
a. any instance of offering goods or assets at greatly reduced prices to ensure a quick sale
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
In the initial months after the bail-out, a fire sale ensued.
It is not the fire sale that some doomsayers had predicted.