sell


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Sell

To relinquish ownership of some asset in exchange for some monetary compensation. Selling 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 to the buyer 100 widgets and in their place receives $200. See also: Buy.

sell

To dispose of an asset. Compare buy.

sell

see SELLING.
References in classic literature ?
Five hundred and ten fat beasts by actual count, that I would sell for a just figure.
Thus he sold his meat so fast that no butcher that stood near him could sell anything.
When Robin and those that were with him came in, all laughing at some merry jest he had been telling them, those that were near the Sheriff whispered to him, "Yon is a right mad blade, for he hath sold more meat for one penny this day than we could sell for three, and to whatsoever merry lass gave him a kiss he gave meat for nought.
Ay, that have I," quoth Robin, laughing loudly again, "five hundred and more horned beasts have I and my brothers, and none of them have we been able to sell, else I might not have turned butcher.
Nay, good youth," quoth he, "if thou canst not sell thy cattle, it may be I will find a man that will lift them from thy hands; perhaps that man may be myself, for I love a merry youth and would help such a one along the path of life.
Clients who subdivide land or develop land as condominium units, and then sell the subdivided and developed land, normally have their entire gain taxed at high ordinary income tax rates, since the client is classified as a "dealer" selling "inventory" in the form of subdivided lots or condominiums.
If a buy sell agreement directs the use of independent business valuators, the standard of value that appraisers use may be fair market value, fair value, investment value, intrinsic value or book value.
95), there comes a time when all investors must sell their holdings, either to reap the profit or to cut their losses.
The central question of Sell was whether the government can drug mentally ill defendants against their will to force them to stand trial.
When travel agents try to sell insurance, questions arise about licensing regulations and who is permitted to sell insurance.
Contestants can buy and sell daily, but each transaction costs $50.
Shareholders owning real estate used by the business can either sell that real estate to the buying company (receiving capital gain treatment with the exception of recapture income) or the shareholders can rent that real estate to the buying entity (where the rents will be taxed to the receiving shareholders at ordinary income rates).