Definitions from the Web
Term: Going-out-of-business sale
Description:
A going-out-of-business sale refers to a sale event conducted by a business that is about to close permanently. During this sale, the business offers significant discounts on its remaining inventory in order to sell off as much stock as possible.
Sample sentences:
- Don't miss out on the amazing deals at the going-out-of-business sale at XYZ Department Store.
- The bookstore announced a going-out-of-business sale and everything is currently marked at 50% off.
- During the going-out-of-business sale, the local hardware store was flooded with customers looking to take advantage of the discounted prices.
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