retrade

/ˈriːtrɛd/

Definitions

1. verb

to sell an item of stock at a price lower than the one at which it was bought, especially in order to get rid of it quickly

“The company had to retrade the unsold goods to cut their losses”

2. noun

the act of selling an item of stock at a price lower than the one at which it was bought

“The retrade of the stock resulted in a significant financial loss”

Synonyms

  • clearance
  • discount

Antonyms

  • markup