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 ?
The atmosphere in a traditional saleroom is exhilarating, even with live online-bidding, which is standard practice at Tennants across major sales.
It has a saleroom value of PS300-400; A John Speed map of Sussex valued at PS300 -400.
Wellwishers have included a 94-year-old woman who first visited the saleroom as a 10-yearold, so it's been going at least 84 years.
He has acquired the former United bus depot in Wooler and is in the middle of converting that into his business's new saleroom.
Auctioneer Adrian Mackwell, who is from Biddle & Webb, in Edgbaston, says he's constantly surprised at some of the highly collectable items that are brought into their salerooms, even though the owners are completely oblivious to the fact that they have something that is worth money.
The auction house also maintains salerooms throughout the United Kingdom and in the United States, Switzerland and Australia, and has offices and representatives in over 15 countries around the world.
Single pictures by her sell for around PS700-1,000 in the saleroom, although I watched a sale a couple of years ago in which a pair, one of a kitten sitting in a teapot, the other showing two kittens by a vase of flowers, each beautifully detailed, realised PS5,200 - at the time, an auction record.
When I unwrapped it back at the saleroom, I realised the base was stamped with the impressed Wedgwood mark.
ANEW saleroom for Liverpool and little if any sign of a fall-off in spending, despite the current economic climate, meant a busy year for auctioneers and collectors in the Merseyside, Cheshire and North Wales region.
The auction is at the Welsh Bridge saleroom next Thursday at 3.
The 15-inch enamel piece was snapped up at a saleroom, like those roamed by TV's fictional antiques expert and loveable rogue Lovejoy, played by Ian McShane.
The police driver then swerved to avoid the pedestrian and hit a wall at the Popular Cars saleroom.