WordWeb Online

1. A sale of a relatively large number of assets (stocks, bonds or commodities) at a low price typically done to dispose of them rather than as normal trade

1. Get rid of by selling, usually at reduced prices
   "The store sold off the surplus merchandise"

Derived forms: sold off, selling off, sells off, selloffs

Type of: cut-rate sale, flog [Brit], sale, sales event, sell