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Fire Sale |
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Fire Sale A situation in which the prices of securities in the financial markets are considered to be very low. Notes: Typically, a fire sale situation is a good time to buy however, be sure to still do your homework, as not all securities will be underpriced. |
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There's no fire sale, at least not in the San Fernando Valley. The Savings and Loan crisis was born, accompanied by rampant foreclosures and a subsequent fire sale of real estate assets. Many people might think that fund-raising was the job of the Board of Trustees, which once succeeded in selling the site of the Martha Graham School at what seemed to be a fire sale price. |
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Fire Sale
