What does stock clearance mean?
Definitions for stock clearance
stock clear·ance
This dictionary definitions page includes all the possible meanings, example usage and translations of the word stock clearance.
Wikipedia
Stock clearance
Stock clearance is an activity by a company where ownership of products and materials move on to another legal entity. These products and materials in stock clearance will not form the basis of a company's key activities. As such they are often end of line stock, surplus stock, returned stock or bankrupt stock. A company will often pursue a non-profit making agenda when clearing stock, seeking a wider strategic advantage. This can be in the form of releasing storage space, releasing supervision of materials and equipment, ending technical support for a product. Many companies avoid channel conflict by selling anonymously through specialized stock clearance companies. In doing so they seek preservation of the existing corporate image. Most companies from time to time end up with surplus goods, liquidated goods and bankrupt stock. This can be a costly problem. Stock Clearance is a process by which companies free up valuable money and space. Reasons Leading to Stock Clearance Cancelled orders or late deliveries Closing Down of business Overproduction Returns Frustrated Stock (When importer or exporter decides to abandon the stock and leave it with the shipping company) When customers are told that the reason for a price reduction is a stock clearance, they find this less attractive than other explanations such as a volume discount. This is because they suspect that the stock clearance indicates that the products are of poor quality. There are a number of companies that specialize in stock clearance. Clients can dispose of their surplus stock discreetly through companies such as stock buyers who will then re sell this stock to exporters, wholesalers, and smaller retailers. There are many benefits of using a stock clearance company to dispose of stock in this way. They generally have the cash available and the warehousing in place to offer a quick and efficient solution to stock disposal problems.
Numerology
Chaldean Numerology
The numerical value of stock clearance in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of stock clearance in Pythagorean Numerology is: 4
Translation
Find a translation for the stock clearance definition in other languages:
Select another language:
- - Select -
- 简体中文 (Chinese - Simplified)
- 繁體中文 (Chinese - Traditional)
- Español (Spanish)
- Esperanto (Esperanto)
- 日本語 (Japanese)
- Português (Portuguese)
- Deutsch (German)
- العربية (Arabic)
- Français (French)
- Русский (Russian)
- ಕನ್ನಡ (Kannada)
- 한국어 (Korean)
- עברית (Hebrew)
- Gaeilge (Irish)
- Українська (Ukrainian)
- اردو (Urdu)
- Magyar (Hungarian)
- मानक हिन्दी (Hindi)
- Indonesia (Indonesian)
- Italiano (Italian)
- தமிழ் (Tamil)
- Türkçe (Turkish)
- తెలుగు (Telugu)
- ภาษาไทย (Thai)
- Tiếng Việt (Vietnamese)
- Čeština (Czech)
- Polski (Polish)
- Bahasa Indonesia (Indonesian)
- Românește (Romanian)
- Nederlands (Dutch)
- Ελληνικά (Greek)
- Latinum (Latin)
- Svenska (Swedish)
- Dansk (Danish)
- Suomi (Finnish)
- فارسی (Persian)
- ייִדיש (Yiddish)
- հայերեն (Armenian)
- Norsk (Norwegian)
- English (English)
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Citation
Use the citation below to add this definition to your bibliography:
Style:MLAChicagoAPA
"stock clearance." Definitions.net. STANDS4 LLC, 2024. Web. 2 Jun 2024. <https://www.definitions.net/definition/stock+clearance>.
Discuss these stock clearance definitions with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In