The phrase "emergency sales" is grammatically correct and commonly used in written English.
It refers to sales that are made in response to sudden or unexpected events or situations that create a need for immediate action or purchase. This could include events such as natural disasters, political changes, or unexpected demands for a product or service. Example: The company saw a huge spike in emergency sales of generators and portable water filters after a hurricane devastated the area.
§ 284.269 Intrastate pipeline and local distribution company emergency sales rates.
The crisis that followed led to the bankruptcy of Lehman Brothers, the emergency sales of Bear Stearns and Washington Mutual and federal rescues for the insurance giant American International Group and the mortgage companies Fannie Mae and Freddie Mac.
In November 1978, only 11 months into his term, the dollar had fallen nearly 34% against the German mark and almost 42% against the Japanese yen, prompting the Carter administration launch emergency sales from the U.S. gold stock, borrow from the International Monetary Fund, and conduct auctions of Treasury securities denominated in foreign currencies.
The emergency sale brings to an end a sorry chapter for JJB, which was once the market leader.
The federal prosecutor in Washington State has announced an investigation into the collapse of Washington Mutual, which was forced into an emergency sale to JPMorgan Chase in late September.
For instance, Goldman wasn't allowed to examine the books of Bear Stearns when regulators were orchestrating an emergency sale of the faltering investment bank.
Shares in the indebted Dutch telephone company Royal KPN rose by more than 10percentt after the company raised 5 billion euros, about $4.46 billion, in an emergency sale of equity.
Another British clergyman, John Sentamu, the archbishop of York, was even less circumspect than Mr. Williams in criticizing hedge funds that had sold short the shares of a British bank, HBOS, forcing it in an emergency sale to a rival, Lloyds TSB.
He played a main role in the emergency sale of Bear Stearns to JPMorgan Chase in March, sitting in a Park Avenue conference room as details of the acquisition were hammered out.
Regulators simultaneously brokered an emergency sale of virtually all of Washington Mutual, the nation's largest savings and loan, to JPMorgan Chase for $1.9 billion, averting another potentially huge taxpayer bill for the rescue of a failing institution.
The bank stayed profitable in a year that brought the emergency sale of Bear Stearns to JPMorgan Chase, the bankruptcy of Lehman Brothers and government rescues for the insurer American International Group and for Fannie Mae and Freddie Mac, the nation's largest mortgage finance companies.
