distress sale

noun

1. a sale held for the purpose of raising money to meet emergency expenses and usually offering goods at a substantial discount for the payment of cash.

Word History and Origins

Origin of distress sale¹

First recorded in 1880–85

Example Sentences

In other words, it would be akin to a distress sale, a further blow for ByteDance's bottom line.

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The letter said the closure was “not a liquidation, clearance or distress sale,” and the company was not facing financial difficulties.

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Just 10 years later, the Newseum is shrinking into an uncertain future, the distress sale of its building to Johns Hopkins University marking the end of a troubled tenure that has become a cautionary tale of bloated budgets and unrealized ambition.

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“It was bought at a distress sale,” Donald Trump recalled.

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That anyone would sell at such a large loss suggests a distress sale.

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