Fire Sale


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Fire Sale

A situation in which security prices are exceptionally low. This may be a buy signal, especially if the securities are fundamentally sound.
References in periodicals archive ?
Whats more with details withheld for so many of the sites for sale, it simply adds to the sense that this Government is driving through a secret fire sale of valuable assets.
(39) Nevertheless, given the quantity of these securities that are financed by many of the largest individual dealers, fire sale conditions could materialize, even for government and agency securities, if the collateral is liquidated in a disorderly manner.
must be effectively robust in order to remove fire sale risk successfully.
"This is just a fire sale to line the Chancellor's pockets," a senior Labour frontbencher told
Shadow Business Secretary Chuka Umunna said: "There are many questions, very few answers and so far little justification has been given for doing this fire sale now.
Cameron Clyne, chief executive of The National Australia Bank (ASX: NAB), has said that while Clydesdale Bank was a problem asset, there are no plans for a 'fire sale' of the subsidiary.
It is common to find that fire sales only take a matter of hours between contracts being issued and exchanged.
First off, you can mark down the Bronx Bombers will (yet again) bust through the $170 million Luxury Tax threshold for 2010, unless there's a serious fire sale. Wait a sec...
How could one of the oldest, most resilient firms on Wall Street go so far astray that it had to be sold at a fire sale price?
With uncertainty behind the scenes at Upton Park due to the credit crunch and its impact on owner Bjorgolfur Gudmundsson, there have been predictions of a fire sale.