Sale

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Related to Absolute Sale: conditional sale

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 ?
When Barbie found out what happened to her property, she immediately filed a Complaint for Nullification of the Deed of Absolute Sale, Reconveyance of Title and Damages with Prayer for Temporary Restraining Order and/or Issuance of Writ of Preliminary Injunction.
They claim that Dibs was no longer the owner of the properties it had mortgaged at the time of the execution of the mortgage contract, as they were sold under existing Contracts to Sell and Deed of Absolute Sale.
In the application, Josie claimed that she is the owner of the said unregistered land by virtue of a deed of absolute sale.
Yet, an audit of the official receipts for the property transfer taxes paid by the SMDC units yielded deeds of absolute sale indicating their real estate transactions that could have been assessed for P87.
A: On its face, the parties' Deed of Absolute Sale appears supported by a valuable consideration.
Dio for his participation in the forgery of Deed of Absolute Sale and its subsequent introduction as evidence for his client; and also, against Attys.
He made his unsuspecting minor son sign the pertinent deed of absolute sale.
Gus and Lily, armed with the Deed of Absolute Sale, claimed ownership over the land and demanded that he vacate the same.
d) Glori had no authority to execute the Deed of Absolute Sale in favor of Vic, since from the very wordings of the power of attorney, she had no special authority to sell or convey any specific real property.
Fitch received legal opinions at closing that in the event of the utility bankruptcy, the transfer of the transition property to the funding vehicle would constitute an absolute sale rather than a borrowing, so that the transition property would not be considered property of the bankruptcy estate.
The original copy of the Deed of Absolute Sale to your condo unit should definitely not be in your throwaway pile.
While the overall share of diesel vehicle sales fell, absolute sales still increased by more than 192 300 vehicles compared to 2016, according to provisional data.