From Longman Dictionary of Contemporary Englishclearance saleˈclearance sale noun [countable] BBTSELLan occasion when goods in a shop are sold cheaply in order to get rid of themFrom Longman Business Dictionaryclearance saleˈclearance ˌsale [countable]COMMERCE a sale in which a shop gets rid of all its old stockShoppers returned over the weekend, drawn by clearance sales. → sale