sells, sold, selling

to sell off
phrasal verb

Dispose of assets quickly, often at a lower price
  • 1The company decided to sell off its old equipment.
  • 2They had to sell off their stock to pay debts.
When you sell off something, you are getting rid of it quickly and usually for less money than it is worth. It's like when you have a garage sale to sell things you no longer want or need.
Card
When selling off assets, remember to consider the urgency of the situation. It's important to weigh the need for quick cash against the potential loss in value from selling at a lower price.
during lunch break
The Urgent Sale
Patricia
Did you hear about the bookstore downtown?
Amanda
No, what happened?
Patricia
They're selling off all their inventory because they're closing soon.
Amanda
Wow, I guess we should check it out before everything's gone.
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Similar to "to sell off":
  • 1liquidate
  • 2offload