Glossary entry (derived from question below)
Aug 14, 2004 02:00
19 yrs ago
6 viewers *
English term
User Manuals, Codes of Conduct, Medical
Native in: Malay 
Works in: English to Malay, Malay, Malay to English
fire sales
English
Bus/Financial
Transport / Transportation / Shipping
From an annual report for an airline:
"As we develop our markets, we are resolute in our position to remain a premier international airline of high quality. Our sales tactics, as such, do not include discounting fares although we will offer fire sales from time to time to counter market activities."
"As we develop our markets, we are resolute in our position to remain a premier international airline of high quality. Our sales tactics, as such, do not include discounting fares although we will offer fire sales from time to time to counter market activities."
Responses
| 4 +5 | explanation |
Kim Metzger
|
| 4 +3 | big discounts |
sarahl (X)
|
| 5 | cheaper fares |
Maria Luisa Duarte
|
| 4 | drastic price cut |
eldira
|
Responses
+5
16 mins
Kim Metzger
Mexico
Mexico
Native in English
&
English
Works in field
Mexico
Committed to Quality and Service
Native in: English (Variant: US)
Works in: German to English
Related KudoZ points
:
28
Selected
explanation
1. fire sale - a sale of assets at very low prices typically when the seller faces bankruptcy
cut-rate sale, sales event, sale - an occasion (usually brief) for buying at specially reduced prices; "they held a sale to reduce their inventory"; "I got some great bargains at their annual sale"
2. fire sale - a sale of merchandise supposedly damaged by fire
cut-rate sale, sales event, sale - an occasion (usually brief) for buying at specially reduced prices; "they held a sale to reduce their inventory"; "I got some great bargains at their annual sale"
http://www.thefreedictionary.com/fire sale
Fire Sale
A condition in the financial markets where securities prices are considered to be very low.
Typically, when a fire sale occurs it's the time to buy; however, be sure to still do your homework as not all securities will be underpriced.
http://www.investopedia.com/terms/f/firesale.asp
cut-rate sale, sales event, sale - an occasion (usually brief) for buying at specially reduced prices; "they held a sale to reduce their inventory"; "I got some great bargains at their annual sale"
2. fire sale - a sale of merchandise supposedly damaged by fire
cut-rate sale, sales event, sale - an occasion (usually brief) for buying at specially reduced prices; "they held a sale to reduce their inventory"; "I got some great bargains at their annual sale"
http://www.thefreedictionary.com/fire sale
Fire Sale
A condition in the financial markets where securities prices are considered to be very low.
Typically, when a fire sale occurs it's the time to buy; however, be sure to still do your homework as not all securities will be underpriced.
http://www.investopedia.com/terms/f/firesale.asp
4 KudoZ points awarded for this answer.
Comment: "Thanks, Kim."
+3
17 mins
big discounts
***
Peer comment(s):
| agree |
Vicky Papaprodromou
8 hrs
|
| agree |
Jörgen Slet
1 day 4 hrs
|
| agree |
Alfa Trans (X)
4 days
|
35 mins
Maria Luisa Duarte
Spain
Spain
Native in English
&
English
Spain
Professional, Reliable & Committed
Native in: English 
, Portuguese
Works in: English to Portuguese, French to Spanish, Portuguese to Spanish, and 7 more.
cheaper fares
...many airlines are developing fares for the consumer ("fire sales," Deacon calls them) that are often cheaper than anything a consolidator can offer...
54 mins
drastic price cut
fire sale: : a sale of merchandise damaged or believed to be damaged as the result of a fire (Merriam Webster)
as a marketing ploy, a drastic price cut in order to generate additional market share
In Indonesian we would say : "obral habis" or "jual obral"
The $500 billion fire sale In a shattered postwar Iraq ...
www.guardian.co.uk/weekend/story/0,3605,1125050,00.html
... drastic price cuts .. in a move.. amounted to a 50% discount ...
http://www.mobitopia.com/20030625.html
as a marketing ploy, a drastic price cut in order to generate additional market share
In Indonesian we would say : "obral habis" or "jual obral"
The $500 billion fire sale In a shattered postwar Iraq ...
www.guardian.co.uk/weekend/story/0,3605,1125050,00.html
... drastic price cuts .. in a move.. amounted to a 50% discount ...
http://www.mobitopia.com/20030625.html
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