Sell Off (Verb)
Meaning
Get rid of by selling, usually at reduced prices; "The store sold off the surplus merchandise".
Classification
Verbs of buying, selling, owning.
Examples
- The struggling company decided to sell off its shares to the highest bidder.
- To reduce their debt, the couple had to sell off their expensive vacation home.
- She sold off her old clothes and donated the money to charity.
- The supermarket is going to sell off its damaged canned goods at a deeply discounted price.
- After going bankrupt, the firm was forced to sell off its remaining assets to pay its creditors.