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Simple English definitions for legal terms
Read a random definition: right against self-incrimination
Definition: A sale of merchandise at reduced prices because of fire or water damage. Any sale at greatly reduced prices, especially due to an emergency.
Examples:
These examples illustrate how a fire sale is a type of sale that happens when there is an emergency or a need to get rid of inventory quickly. The prices are usually lower than usual to attract buyers and generate revenue quickly.