Sale

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Sale

An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery.

Sale

The act of relinquishing ownership of some asset in exchange for some monetary compensation. Sales may take any of several forms. In a cash sale, the seller receives cash or a cash equivalent immediately in exchange for the asset. In a credit sale, the seller surrenders ownership immediately in exchange for future payment, often with interest. An example of a sale is a simple transaction involving widgets. If the seller is willing to accept $2 per widget, and the buyer wishes to purchase 100 widgets, then the seller gives the buyer 100 widgets in exchange for $200. See also: Buy.

sale

  1. the purchase of a good or service by a buyer from a seller at a stated PRICE or, in some instances, through a BARTER or COUNTERTRADE arrangement.
  2. price reductions applied to individual items or across the board for a limited period of time by a seller, to increase sales of existing products (a sales period), to clear old stocks prior to selling new lines (an end of season sale), or to sell off the stock of a bankrupt business (a closing down sale).
  3. a specially convened gathering of sellers and buyers organized as a one-off event such as a jumble sale or on a regular basis such as a monthly AUCTION of second-hand cars.
References in periodicals archive ?
For Federal income tax purposes, the same concept is applied in a taxable asset acquisition under Sec.
381(c)(1)(B) limit if a member of an acquiring group acquires loss carryovers from a nonmember in a tax-free asset acquisition.
Clearly, this is an asset acquisition within the scope of the OCD.
Under a newly signed Agreement of Business Principles, asset acquisitions by Enterra will be contract operated and drilled by JMG if they are exploratory prospects, and contract operated and drilled by JED if they are development projects.
We will develop these assets to their fullest potential and are actively soliciting additional corporate and asset acquisitions and drilling opportunities.
Global Innovation Partners funds experienced management teams in late-stage venture backed businesses, management led buy-outs, and technology related asset acquisitions.
is evaluating additional property and asset acquisitions and joint ventures in Papua New Guinea.