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A fire sale is the sale of goods at extremely discounted prices. The term originated in reference to the sale of goods at a heavy discount due to fire damage. It may or may not be defined as a closeout, the final sale of goods to zero inventory. They are said to occur in the financial markets when bidders who value assets highly are prevented ...
Bump stocks or bump fire stocks are gun stocks that can be used to assist in bump firing, the act of using the recoil of a semi-automatic firearm to fire cartridges in rapid succession. The legality of bump stocks in the United States came under question [ 1 ] [ 2 ] [ 3 ] following the 2017 Las Vegas shooting , in which 60 people were killed ...
First-sale doctrine. The first-sale doctrine (also sometimes referred to as the "right of first sale" or the "first sale rule") is an American legal concept that limits the rights of an intellectual property owner to control resale of products embodying its intellectual property. The doctrine enables the distribution chain of copyrighted ...
The world's top value investors love it when their best stocks ideas are selling at bargain-basement prices. For those rarified investors, companies offering fire-sale prices become no-brainer buys.
Closeout (sale) A closeout or clearance sale ( closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy. [2]
Ares won its new set of assets at a fire-sale price, so we Allied survivors got stock in the acquirer at rates of pennies on the dollar. Maybe that Einhorn guy wasn't so crazy after all. The lesson(s)
The building had been on the market since November with an asking price of $925,000, a fire-sale price for a building likely to cost millions to bring to code. “It’s not been a shortage of ...
Price gouging. Price gouging is a pejorative term used to refer to the practice of increasing the prices of goods, services, or commodities to a level much higher than is considered reasonable or fair by some. Usually, this event occurs after a demand or supply shock. This commonly applies to price increases of basic necessities after natural ...