For the purposes of this chapter, the following words and phrases shall have the meanings respectively ascribed to them by this section:
The business of offering for sale and selling at public sale personal property to one who offers to pay the highest bid price therefor.
Any goods, wares, work of art, commodity, thing, chattel or merchandise.
Any and all means of conveying to the public notice of sale or notice of intention to conduct a special sale, oral, written or printed.
Any sale of personal property or the publishing of a sale or an offering for sale thereof to the public by forced sales at reduced prices, such as insurance, bankruptcy, insolvency or sales of personal property damaged by fire, smoke or water. It shall also include going-out-of-business, loss-of-lease or termination-of-business sales so advertised and published so as to reasonably convey to the public that, upon the disposal of the stock of goods on hand, the business will be discontinued and cease.