sell off - Definition & Meaning | Lingo Dictionary

sell off

to dispose items or assets by selling them, often at discounted pricesto dispose items or assets by selling them, often at discounted prices

Examples

The store decided to sell off its old inventory at a clearance sale.
He's going to sell his old comic book collection off to make room for new ones.
The company had to sell off some of its equipment to cover the losses.

1 / 2

sell off

Third Person

sells off

Present Participle

selling off

Past Tense

sold off

Past Participle

sold off

1

to dispose items or assets by selling them, often at discounted prices

transitive

The store decided to sell off its old inventory at a clearance sale.
He's going to sell his old comic book collection off to make room for new ones.
The company had to sell off some of its equipment to cover the losses.
They had to sell off their family heirlooms to pay for medical bills.
During the garage sale, they're planning to sell off their unused furniture and appliances.

2

to sell ownership of all or part of an industry or company by selling its assets

transitive

The company decided to sell off its unprofitable divisions to cut costs.
He plans to sell the business off and retire next year.
They had no choice but to sell off their family business due to financial difficulties.
The owners were forced to sell off a portion of their shares to raise capital for expansion.
After a series of losses, they had to sell off their company's assets to stay afloat.