Definition of sell off

sell offphrasal verb

bán đi

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The phrase "sell off" has its origins in the world of trading and finance. It refers to the act of quickly and massively discounting or disposing of a large number of stocks, bonds, or other assets in order to generate quick cash or to adjust one's portfolio for strategic reasons. This may be done in response to an urgent need for liquidity, such as meeting a financial obligation or covering unexpected losses, or as part of a larger investment strategy, such as divesting from a particular company or sector. The term is generally associated with market volatility, as sell-offs can signal fear or uncertainty in the market and potentially trigger further price drops as other investors follow suit.

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to sell things cheaply because you want to get rid of them or because you need the money

bán đồ giá rẻ vì bạn muốn thoát khỏi chúng hoặc vì bạn cần tiền

to sell all or part of an industry, a company or land

bán toàn bộ hoặc một phần của một ngành công nghiệp, một công ty hoặc đất đai

Example:
  • The Church sold off the land for housing.

    Giáo hội đã bán đất để xây nhà.

  • In the nineties most state-owned industries were sold off.

    Vào những năm 90, hầu hết các ngành công nghiệp nhà nước đều bị bán đi.

Related words and phrases

Related words and phrases