liquidation sale — A sale in which goods are sold at greatly reduced prices to clear inventory, especially when a business is closing down or going bankrupt
Part of speech: NOUN
Definition: A sale in which goods are sold at greatly reduced prices to clear inventory, especially when a business is closing down or going bankrupt
Pronunciation (IPA): /ˌlɪkwɪˈdeɪʃən seɪl/
Example Sentences
- My wallet cried tears of joy at the liquidation sale - everything was 90% off!
- The bookstore's liquidation sale was a reader's paradise and a bank account's nightmare.
- Due to the company's bankruptcy, they're holding a liquidation sale next week.
liquidation sale
NOUN[/ˌlɪkwɪˈdeɪʃən seɪl/]
A sale in which goods are sold at greatly reduced prices to clear inventory, especially when a business is closing down or going bankrupt
A sale in which goods are sold at greatly reduced prices to clear inventory, especially when a business is closing down or going bankrupt
After liquidation comes celebration
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🎤Pronunciation
🌳Etymology
Origin
Liquidation derives from Latin liquidus, meaning 'liquid' or 'clear', metaphorically extended to describe the process of converting assets into liquid form (cash). The term evolved to denote the dissolution of a business or settlement of debts through systematic asset conversion.
Breakdown
liquid- (from Latin liquidus, meaning liquid or fluid) + -ation (suffix denoting action or process) + sale (from Old Norse sala, meaning exchange or transfer of goods for money).
🎵Rhyme
🔗Collocations
📝Examples
“My wallet cried tears of joy at the liquidation sale - everything was 90% off!”
“The bookstore's liquidation sale was a reader's paradise and a bank account's nightmare.”
“Due to the company's bankruptcy, they're holding a liquidation sale next week.”
“Smart shoppers always keep an eye out for liquidation sales to find great bargains.”
📚Related Words
Synonyms
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