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 ?
It brings together proven sales methodologies (Portfolio Management, Account Planning, Opportunity Management, Individual Sales Effectiveness and Channel and Partner Management methodologies including the leading Target Account Selling[R] (TAS) solution) with the most advanced technology platform for sales effectiveness.
StreetSmarts is a Web-based sales knowledge automation technology that works through e-mail, browser or mobile device to locate, manage and deliver essential advice and insights for sales teams any time, any where -- whether it's finding competitive information, updated references, know-how from other reps and experts, objection handling tips and more.
Stein writes the monthly "Smart Sales" column for Sales and Marketing Management magazine; his Amazon bestseller How Winners Sell is now in its second edition.
StreetSmarts is a Web-based sales knowledge automation technology that works through e-mail to locate, manage and deliver essential advice and insights for sales teams anytime, anywhere -- whether it's finding competitive information, updated references, know-how from other representatives and experts, objection handling tips and more.