distress sale

distress sale
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.
[1880-85]

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Universalium. 2010.

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Look at other dictionaries:

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  • distress sale — 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. [1880 85] …   Useful english dictionary

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  • distress — I. noun Etymology: Middle English destresse, from Anglo French destresce, from Vulgar Latin *districtia, from Latin districtus, past participle of distringere Date: 13th century 1. a. seizure and detention of the goods of another as pledge or to… …   New Collegiate Dictionary

  • sale — Synonyms and related words: abalienation, alienation, amortization, amortizement, assignation, assignment, available, bargain and sale, barter, bazaar, bequeathal, buying, cession, closing out sale, conferment, conferral, consignation,… …   Moby Thesaurus

  • distress — dis·tress n [Anglo French destrece, literally, tightness, anguish, deprivation, from Old French, ultimately from Late Latin districtus severe, from past participle of distringere to hinder, punish see distrain] 1: seizure and detention of the… …   Law dictionary

  • distress — A common law right of landlord, now regulated by statute, to seize a tenant s goods and chattels in a nonjudicial proceeding to satisfy an arrears of rent. The taking of goods and chattels out of the possession of a wrong doer into the custody of …   Black's law dictionary

  • distress — A common law right of landlord, now regulated by statute, to seize a tenant s goods and chattels in a nonjudicial proceeding to satisfy an arrears of rent. The taking of goods and chattels out of the possession of a wrong doer into the custody of …   Black's law dictionary

  • Distress Price — When a firm chooses to mark down the price of an item or service instead of discontinuing the product or service altogether. A distress price usually comes about in tough market conditions when the sale of a particular product or service has… …   Investment dictionary

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