Definition, Meaning & Synonyms
clearance-sale
noun
/ˈklɪərən̩s seɪl/
Definition
A sales event in which merchandise is sold at reduced prices to clear out inventory.
Examples
- During the clearance sale, many shoppers took advantage of the low prices.
- The store held a clearance sale to get rid of last season’s clothing.
- We found some great deals at the clearance sale last weekend.
Meaning
Clearance sales are typically conducted by retailers to make room for new products, allowing customers to purchase items at a discount.
Synonyms
- liquidation sale
- discount sale
- blowout sale
- stock clearance
