Apedia

Board Directors Decided Run Stocks Held Storage Prior

Sentence The board of directors have decided to run down the stocks held in storage prior to offering the company for sale.
Definition (
Britain
https://en.wikipedia.org/wiki/Britain
,
transitive
https://en.wiktionary.org/wiki/Appendix:Glossary#transitive
) To
reduce
https://en.wiktionary.org/wiki/reduce
the size or
stock
https://en.wiktionary.org/wiki/stock
levels of a business, often with a view to
closure
https://en.wiktionary.org/wiki/closure
.

Tags: run, down

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