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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
Qatar Petroleum has concluded a five-year sales agreement to supply Japan's Marubeni Corporation an annual total of 200,000 tonnes of light naphtha starting from January 2019.
According to the sales agreements, in the first half of 2010 the firm is likely to supply a total of around 30 MW of PV modules to be installed in ground-mounted power plants and commercial roof-top systems.
Under the sales agreement with City Solar, a developer and turnkey provider of large-scale PV power plants, Yingli Green Energy will supply 20 MW of PV modules in 2009.
FOR MOST BUILDERS, EXPEDITING A Purchase and sales agreement once it's signed is a manual, time-consuming process.
133 -- the rule pertaining to derivative instruments and hedging transactions -- many observers voiced concerns that a host of contractual arrangements, including many purchases and sales agreements, satisfied the definition of a derivative and had to be accounted for as such.
Judge Murphy already ruled that since the e-mails concluded with the senders' typewritten names, they could be taken as legally binding purchase and sales agreements.
The company also said that it expected to sign sales agreements in Europe within the near future.

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