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 ?
Salant and McCloskey do not provide us with answers to these questions.
Kaitz and Salant demonstrated that published CPS duration statistics which provide the average length in weeks of currently unemployed individuals overestimate the average completed length of unemployment spells of newly unemployed groups.
It'll make a slight difference but the air-conditioning will really help,'' Salant said.
Salant, director of community relations, Flushing House , 38-20 Bowne Street, Flushing, NY 11354.
2) Teacher Andrea Salant helps Priscilla Minaise, 10, chart the classroom temperature Wednesday.
3 million shares in the prior fiscal year as a result of the Salant acquisition and a secondary equity offering in May 2004.
World-Renowned Experts Paul Milgrom and David Salant to Lead Practice
com), the fastest- growing fashion and lifestyle Web property, today announced the appointment of Jennifer Salant to lead business development at Glam Media.
He was co-editor of the memoirs of the late Richard Salant, a legendary CBS News president, published in 1998 as Salant, CBS, and the Battle for the Soul of Broadcast Journalism by Westview Press.
Prior to joining WEAR ME, he worked for Salant Corporation, a company that designs, manufactures, and markets men's clothing including brands such as Perry Ellis, Ocean Pacific, Axis, and Tricots St.
Author and nationally syndicated columnist Katherine Salant says the key is knowing what questions to ask and how to evaluate builders -- the people whom you're entrusting your hopes, dreams and money.
David Salant, co-founder of Optimal Markets and leading expert in applying game theory to auction design and strategy, "Using auctions to allocate commodity products with market-based mechanism requires new processes and auction design linked with advanced technology.