- adj. Like or resembling a fire sale.
“The pressure on Irish banks, which mostly have been nationalized due to losses suffered in the global downturn, to reduce their loans raised hopes among investors that they would accept fire-sale prices.”
“Howell left his fire-sale furniture for the super.”
“Another reason, according to a person familiar with the decision, was the companies couldn't sell the necessary assets at better than fire-sale prices, because buyers knew the assets had to be sold to please regulators.”
“Besides, the United States can now borrow money from the rest of the world at fire-sale rates.”
“Big banks worried about having to sell at fire-sale prices while small banks feared they would be shut out.”
“During the winter, banks and mortgage investors stepped up their liquidations of foreclosed properties at fire-sale prices, sending home-price indexes lower.”
“Greece wanted others to lend it money so it could buy back its own bonds at fire-sale prices, shrinking its debts.”
“So the ECB's river of cash may not ease the credit crunch but it should ease the pressure on banks to sell assets at fire-sale prices.5.21pm: Local media in Hungary are reporting that the country's credit rating is being cut by two notches by Fitch.”
“This would lead to millions of homes and condos hitting the market at fire-sale prices.”
“By giving away some of his stock now, Mr. Davis says, he won't have to worry that his sons could be forced to take on debt or sell the company at a "fire-sale price" to satisfy the estate-tax bill they otherwise may incur upon his death.”
These user-created lists contain the word ‘fire-sale’.
Hopefully, I'll be using this site for more than one year. It will be fun then to look back and see what new words I found worthy of notice in any given year.
All words spotted in 2008...
Looking for tweets for fire-sale.