distress merchandise

or distressed merchandise

noun Commerce.

goods sold below the prevailing price in order to raise cash quickly or to meet some other financial emergency.
damaged goods sold below fair-trade prices.
Also called distressed goods.
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British Dictionary definitions for distress merchandise

distress merchandise


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