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sell-off
[ sel-awf, -of ]
noun
- Stock Exchange. a sudden and marked decline in stock or bond prices resulting from widespread selling.
- an act or instance of liquidating assets or subsidiaries, as by divestiture.
sell off
verb
- tr, adverb to sell (remaining or unprofitable items), esp at low prices
Word History and Origins
Origin of sell-off1
Idioms and Phrases
Get rid of by selling, often at reduced prices. For example, The jeweler was eager to sell off the last of the diamond rings . [c. 1700] Also see sell out , def. 1.Example Sentences
But he made a U-turn, pausing most of those tariffs for 90 days after a sharp sell-off in US government bonds.
"For several years, the market's been buying this US growth story, the US stock market's been outperforming other stock markets, and suddenly you had economists thinking tariffs would push the US into recession," she says, pointing to the massive sell-off of US stocks, US bonds and the dollar.
So the sharp drops in the currency - as well as the recent sell-off in US government bonds, also generally considered a safe US asset - are unusual.
Trump's criticism of Powell's handling of the US economy comes as his own plans for tariffs have driven a stock market sell-off and raised fears of economic recession.
"Although President Donald Trump was able to resist the stock market sell-off, once the bond market began to weaken too, it was only a matter of time before he folded," says Paul Ashworth, chief North America economist at Capital Economics.
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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
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