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 ?
Traditional auctions have very strict and long schedules to accommodate publishing catalogues, shipping works to the physical saleroom, and the outdated tradition of only selling specific categories during specific months.
MORE and more buyers are looking out for great used car bargains by going to auctions - so The People have teamed up with British Car Auctions to tell you about the best deal spotted at one of the company's 21 salerooms around the country.
Buyers are able to bid live in the saleroom, by telephone, commission or via the Brightwells live internet bidding system available through www.brightwells.com.
As with any antique, buy from a reputable saleroom with specialists who can advise a newcomer on the suitability of a gun and whether it is safe to take away and use.
Buyers who cannot make it to the saleroom can now log on to hear and often see a local auction in progress.'
We already hold free, weekly valuation mornings at our Birmingham saleroom, but we felt that far more people would benefit from the service if we took it out into the community." If you decide to have a clear-out of your cupboards, keep an eye out for any Star Wars action figures that may be hiding away in the darkness.
The maunscript is valued at around pounds 300 but is likely to fetch much more when it is auctioned at the Welsh Bridge saleroom in Shrewsbury on February 9 next year.
Cuttlestones' saleroom manager, Rosie Blackburn, said: "These were quite commonplace items in the 'golden age' of football, with FA cup winning teams regularly commemorated in this way.
"The aim is to increasingly build our online market while also continuing to provide viewing in the saleroom, so buyers can examine the works first hand if they wish.
TV cameras return to the saleroom in Carmarthen next week when the BBC Bargain Hunt team film four programmes with auctioneers Peter Francis.
The Rogers Jones sale will be on public view at the Abergele Road saleroom in Colwyn Bay today (Monday) from 1-7pm.
Our Fine Arts auction last week was well attended both in the saleroom and on the internet by hundreds of bidders.