What is the meaning of going-out-of-business sale?

noun

  • A sale of all the tangible assets of a business that is about to close.
    • usage: "during the Great Depression going-out-of-business sales were very common"
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). going-out-of-business sale. Retrieved October 2, 2026, from http://smartdefine.org/going-out-of-business_sale/definitions/1193492
ChicagoWordNet. 2010. "going-out-of-business sale" http://smartdefine.org/going-out-of-business_sale/definitions/1193492 (accessed October 2, 2026).
HarvardWordNet 2010, going-out-of-business sale, Smart Define, viewed 2 October, 2026, <http://smartdefine.org/going-out-of-business_sale/definitions/1193492>.
MLAWordNet. "going-out-of-business sale" 23 October 2010. Web. 2 October 2026. <http://smartdefine.org/going-out-of-business_sale/definitions/1193492>