清仓 (qīng cāng) — to clear out inventory (for a clearance sale); to liquidate / close out a position (in finance)
Definition
Literally 'clear the warehouse': sell off remaining stock cheaply, often for a clearance sale. In finance, it means liquidating a position to exit the market.
verb
to clear out inventory (for a clearance sale)to liquidate / close out a position (in finance)
Examples
- ,。Zhè jiā diàn zuó tiān qīng le cāng, suǒ yǒu shāng pǐn dōu dǎ zhé.This store cleared out its stock yesterday — all items are on discount.
- 清仓,。Shāng chǎng yuè dǐ huì qīng cāng, nǐ kě yǐ mǎi dào pián yi de dōng xī.The mall will have a clearance sale at the end of the month; you can buy cheap things.
- 清仓,。Tóu zī zhě jué dìng qīng cāng lí chǎng, bì miǎn gèng dà sǔn shī.The investor decided to liquidate positions and exit the market to avoid bigger losses.
Appears in
Browse more HSK 7-9 words or search the full 43,000-word dictionary.