What is another word for bankruptcy sale?

19 synonyms found

Pronunciation:

[ bˈaŋkɹʌptsi sˈe͡ɪl], [ bˈaŋkɹʌptsi sˈe‍ɪl], [ b_ˈa_ŋ_k_ɹ_ʌ_p_t_s_i s_ˈeɪ_l]

A bankruptcy sale is a process in which assets of a financially troubled business are sold off to satisfy debts. However, there are several different synonyms for bankruptcy sale, depending on the context and industry. One common term is liquidation sale, which is typically used in retail and consumer goods sectors. Another is fire sale, which suggests a quick, desperate sale of assets. Closeout sale is also sometimes used. In the legal industry, bankruptcy auction is a term that's more specific to court-ordered sales of assets. Regardless of the term used, the goal of a bankruptcy sale is the same: to recover as much money as possible for creditors.

Related words: asset sale, lost sale, estate sale, liquidation sale

Related questions:

  • How do bankruptcy sales work?
  • What prices are they?
  • What happens at bankruptcy sales?

    Synonyms for Bankruptcy sale:

    What are the hypernyms for Bankruptcy sale?

    A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
    • Other hypernyms:

      forced sale, distress sale, liquidation sale.

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