fire sale

noun
1.
a special sale of merchandise actually or supposedly damaged by fire.
2.
a sale, as of assets, at reduced prices, in order to raise money quickly.

Origin:
1890–95, Americanism

fire-sale, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
fire sale
 
n
1.  a sale of goods at reduced prices after a fire at a shop or factory
2.  a.  any instance of offering goods or assets at greatly reduced prices to ensure a quick sale
 b.  (as modifier): fire-sale prices

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
In the initial months after the bail-out, a fire sale ensued.
It is not the fire sale that some doomsayers had predicted.
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