As used in this article, the following terms shall have the indicated meanings, unless, from the context, a different meaning clearly appears:
Includes, but shall not be limited to, all sales advertised, represented or held forth under the designation of "quitting business sale," "going-out-of-business sale," "discontinuance of business sale," "closing-out sale," "selling out sale," "liquidation sale," "lost our lease sale," "must vacate sale," "forced out sale," "removal sale," "branch store discontinuance sale," "building coming down sale," "end sale," "final days sale," "final clearance sale," "last days sale," "lease expires sale," "we give up sale," "we quit sale," "warehouse closing sale," "warehouse removal sale," "reorganization sale" or any other advertising or designation by any other expression or characterization of an import similar to any of the foregoing, giving notice to the public that the sale will precede the abandonment of a business location.
Includes, but shall not be limited to, all sales advertised, represented or held forth under the designation of "adjuster's sale," "administrator's sale," "assignee's sale," "benefit of creditor's sale," "benefit of trustee's sale," "creditor's committee sale," "creditor's sale," "executor's sale," "insolvent sale," "mortgage sale," "receiver's sale," "trustee's sale" or any other advertising or designation by any other expression or characterization of an import similar to any of the foregoing conveying the same meaning or giving notice to the public of a sale resulting from death, business failure or other adversity.
Includes, but shall not be limited to, all sales advertised, represented or held forth under the designation of "fire sale," "smoke damage sale," "water damage sale," "flood damage sale," "insurance sale" or any other advertising or designation by any other expression or characterization of an import similar to any of the foregoing giving notice to the public that the goods, wares or merchandise offered for sale have been damaged.
An purchase of goods, wares or merchandise during the 90 days preceding the application for a license required by this article, the total value of which is at least 25% greater than purchases made by the applicant for a like ninety-day period during the year next preceding the year in which the application for such license is made or the total value of which is at least 25% greater than the purchases made by the applicant for any ninety-day period if the applicant has been in business for less than one year.