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distress merchandise

or distressed merchandise

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noun Commerce.
  1. goods sold below the prevailing price in order to raise cash quickly or to meet some other financial emergency.
  2. damaged goods sold below fair-trade prices.
Also called distressed goods.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
British Dictionary definitions for distress merchandise

distress merchandise

noun
  1. US goods sold at reduced prices in order to pay overdue debts, etc
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012