clearance-sale

Definition
  1. Noun:
    • A sale of goods at reduced prices to clear out stock: "clearance-sale" refers to a retail event where merchandise is sold at significantly reduced prices in order to quickly remove excess, outdated, or seasonal inventory from a store or warehouse.
Usage Examples
  • Noun:
    • The store is having a clearance-sale on winter coats to make room for spring merchandise. (A sale to sell leftover winter items.)
    • We bought our furniture at a clearance-sale, saving over fifty percent. (Purchased at a discount during a stock-reduction event.)
    • The electronics shop announced a clearance-sale on last year's models. (A sale to sell older inventory.)
Advanced Usage

  • "to hold a clearance-sale": to organize an event for selling off stock.

    • The department store will hold a clearance-sale next weekend. (They will offer deep discounts to clear goods.)

  • "clearance-sale prices": the specific reduced prices offered during such a sale.

    • The clearance-sale prices were so low that items sold out within hours. (The discounted prices were very attractive.)
Variants and Related Words

  • Clearance (n): the act of removing or getting rid of something.

    • The clearance of old inventory is necessary before new stock arrives. (The removal of old goods.)

  • Sale (n): the exchange of a commodity for money; a period of reduced prices.

    • The store is having a big sale on all electronics. (A period of discounts.)
Synonyms
  • Liquidation sale: a sale to sell off assets or stock quickly, often at very low prices.
  • Closeout sale: a sale to sell off the remaining stock of a discontinued product line.
  • Fire sale: a sale of goods at extremely low prices, often due to urgent need to sell.
Related Idioms

  • Clear the decks: to remove obstacles or unnecessary items to prepare for action.

    • The store cleared the decks with a clearance-sale before the renovation. (They sold off old stock to prepare.)

  • Sell off: to sell something, especially cheaply, to get rid of it.

    • The shop sold off all its summer clothes in a clearance-sale. (They sold them at reduced prices.)
Phrasal Verbs
  • Clear out: to remove or dispose of unwanted items.
    • The manager decided to clear out old stock with a clearance-sale. (To remove unwanted goods by selling them.)