For the purpose of this subchapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
GOING OUT OF BUSINESS SALE. Any sale, whether described by such name or by any other name (such as, but not limited to, “closing out sale”, “liquidation sale”, “lost our lease sale”, “forced to vacate sale”), held in such a manner as to induce a belief that upon disposal of the stock of goods on hand, the business will cease and be discontinued at the premises where the sale is conducted.
GOODS. All goods, wares, merchandise and other personal property, except choses in action and money.
REMOVAL SALE. Any sale held in such a manner as to induce a belief that upon disposal of the stock of goods on hand, the business will cease and be discontinued at the premises where the sale is conducted and, thereafter, will be moved to and occupy another location.
(1960 Code, § 7-5-1) (Ord. 5385, passed 3-8-1995)