going-out-of-business sale

(eg. quote, flower, hindu )

going-out-of-business sale Meaning of "going-out-of-business sale"

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Definition(s):

  • (n) a sale of all the tangible assets of a business that is about to close

Usage(s):

  1. The going-out-of-business sale, which began the day after Thanksgiving, was hailed in full-page newspaper ads promising 20% discounts across the board.
  2. June, after three years of selling harmonicas on , Bob and Barbara Lefkowitz held what may have been the first online going-out-of-business sale.
  3. Gutierrez bought all of her store's fixtures from a going-out-of-business sale at a local mall.
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