seller


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Seller

A person or organization that relinquishes ownership of some asset in exchange for some monetary compensation. 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. A seller is distinguished by the fact that he/she receives payment, as opposed to a buyer, who gives payment, or a donor, who relinquishes an asset for free. See also: Buyer.

seller

a supplier of a GOOD, SERVICE or FINANCIAL SECURITY. In the first two cases, a broad distinction can be made between suppliers of goods and services such as raw materials, components, plant and equipment which are used to produce other products (that is, suppliers of industrial products) and sellers of products for personal consumption (that is, suppliers of consumer products).

The distinction between these two groups is important in terms of the application of appropriate MARKETING STRATEGIES.

References in periodicals archive ?
Seller, Secretary of Housing and Urban Development; buyer, Brandin D.
It requires a business purchaser (as opposed to simply a purchaser, under the original version) that is not a holder of a direct-pay permit and knows at the time of its purchase of a digital good, computer software or a service that it will be concurrently available for use in more than one jurisdiction, to deliver to the seller an "exemption certificate claiming MPU" While current SSUTA Section 312 requires delivery of an MPU exemption form only for computer software delivered electronically, the revised version also applies to computer software delivered by "load and leave" or in tangible form.
South Bay broker Carol Gilles said she heard from another agent about a seller offering to pay for Botox treatments for the lucky buyer.
In most transactions, the seller must prepare a list of clients who are being transitioned and the revenues from each are used to calculate the purchase price.
Another powerful aspect of the new model that's consistent with commercial best practices is that it requires the buyer and seller to provide key information at the initiation of an order, enabling accurate tracking and accounting.
Broker David Alani exclusively represented the seller with Broker Maurice Hallivis;
Client retention is enhanced because the seller is still actively involved during the transition--and higher retention equals higher value.
With this information, a buyer can: a) agree with the seller's valuation and submit an aggressive bid; b) walk away from the deal if it is overvalued; c) consider options such as earn-outs to keep the seller with some "skin" in the game; or d) develop purchase price adjustments targeting the buyer's specific financial concerns.
It is important for the seller to understand if the bank is truly going to open up its client base to the producers for the purposes of cross selling or if it is a one-way street where the bank is really trying to increase fee income and possibly bring in the producers' clients as bank customers.
For an additional $85, a seller can also get an eBay--certified inspection to lessen surprises to the buyer.
Argrett and Penix also suggest that a seller secure an attorney familiar with issues pertaining to selling a business.
A) A finder may act only as an intermediary between a buyer and a seller.