sell off

sell off (third-person singular simple present sells off, present participle selling off, simple past and past participle sold off)

1. (transitive) To sell asset(s) for the purpose of getting rid of them quickly rather than for maximizing profit.
   • March 15 2012, Soctt Tobias, The Kid With A Bike [Review]

     When Cyril goes searching for his deadbeat father, he’s also looking for his bike, and he’s devastated to discover his dad sold it off to make ends meet.

   • 2024 January 10, Christian Wolmar, “A time for change? ... just as it was back in issue 262”, in RAIL, number 1000, page 60:

     I have always argued that despite my opposition to rail privatisation, I should be grateful that John Major won the 1992 election on a platform to sell off the railways, as otherwise my column would have disappeared given the paucity of things to write about.

• sell-off (noun)