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Fire Sale

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Fire Sale
A situation in which security prices are exceptionally low. This may be a buy signal, especially if the securities are fundamentally sound.
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John McFall, chairman of the Commons Treasury select committee, said: "I don't want a fire sale.
WE'LL MAKE NEW BANKS BORING TO STOP 2ND CRUNCH; Darling's plan to ... by The Mirror (London, England)
He sold our gold at the bottom of the market and is trying to do the same now in a fire sale of assets.
Rock will not be sold to reduce debt; North MP is assured of bank's ... by The Journal (Newcastle, England)
SNP treasury spokesman Stewart Hosie said: "This is not so much an asset sale as it is a Downing Street fire sale - it would barely pay for one month's borrowing.
Anger at Brown's assets 'fire sale' by Daily Record (Glasgow, Scotland)
 
 
 
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