Clearance Sale (noun)
Definition: A clearance sale is a special event held by a store or business to sell items at reduced prices. The main goal is to get rid of old or extra inventory, making space for new products.
Usage Instructions: You can use "clearance sale" to talk about shopping events where you can find good deals. It’s often used in advertisements or conversations about shopping.
Example: "I bought a new jacket at the clearance sale for half the original price!"
In retail, a clearance sale can happen at the end of a season when a store wants to sell out items that are no longer in style or to make room for new collections. Businesses may advertise clearance sales both in-store and online.