clearance goods; disposal items
Refers to items being sold off cheaply, often because they are surplus, discontinued, or need to be cleared from inventory. Common in retail and auction contexts.
Clearance goods are sold at half price in this store.
I look for clearance items on online auctions.
特価品 are special-price goods, often promotional, whereas 処分品 specifically implies disposal or clearance, sometimes at even lower prices.
Compound of 処分 (disposal, clearance) and 品 (goods, article). The exact historical derivation is uncertain, but the term follows standard Sino-Japanese word formation.