Difference between revisions of "Fire sale"

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A '''fire sale''' in finance is an emergency sale of assets at unusually cheap prices, because the owner desperately needs cash.
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A '''fire sale''' can refer to:
  
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Originally the term meant a sale at very low prices of damaged goods when a store had a fire.  They would have a sign saying "Fire Sale: everything must go!"
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*[[Fire sale (finance)]] -- a sale of assets at very low prices; no actual fire or disaster is legally required to use the term
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*[[Fire sale (science fiction)]] -- a coordinated attack by hackers on the government, transportation, and the economy
  
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In science fiction and the movies, a "fire sale" is  a computerized attack on the government, the transportation network, and the economy by computer hackers. The logic is that terrorists have decided "everything must go!"
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[[Category:Disambiguation Pages]]
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[[Category:Finance]]
 
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[[Category:Science fiction]]
 

Latest revision as of 22:32, May 20, 2020

A fire sale can refer to:

  • Fire sale (finance) -- a sale of assets at very low prices; no actual fire or disaster is legally required to use the term
  • Fire sale (science fiction) -- a coordinated attack by hackers on the government, transportation, and the economy