flash sale

flash sale UK US noun [C]
COMMERCE a very short period of time when a store sells products at much lower prices than usual: »

A reduction in consumer spending has caused some stores to hold occasional flash sales, lasting just one day.

PROPERTY a type of sale where a property company buys a property at a very reduced price from someone who no longer has the money to own the property: »

Faced with repossession, growing numbers of homeowners are turning to flash sale property companies.


Financial and business terms. 2012.

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