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 ?
He indicated that the much publicised relocation of the Diamond Trading Company activities from London to Gaborone, arising out of the 2011 sales agreement, had also done very little to add to economic activity in Botswana and improve citizen business participation in the industry.
However, Abi-Habib, the NYT's South Asia correspondent, in a series of tweets explained how Pakistan may not have committed a violation of its sales agreement with the US even if it did use F-16s to shoot down Indian jets (which the PAF nonetheless says never happened).
HE the Minister of State for Energy Affairs, Saad Sherida al-Kaabi, also president and CEO of QP, said, "We are pleased to sign the third naphtha long-term sales agreement with Marubeni Corporation.
The company said Delta Edge Meetings is designed for Delta corporate accounts to integrate with their existing corporate sales agreements, allowing corporate travel managers to manage meetings with full visibility to travel.
- Honghua Group's Accumulated Newly Signed Sales Agreements Has Recorded US$133 million (Approximately Equivalent to HK$1,044 million) Since the End of June This Year
Al Shirawi pointed out that this is a very good initiative by the Ministry of Economy in raising consumer awareness by creating a unified sales agreement for the electronics sector similar to the one issued for the automobile sector.
Multiple sources have said that a sales agreement between current owner Drayton McLane and Houston businessman Jim Crane could be announced as early as today.
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.
Summary: RWE Dea has signed a gas sales agreement with EGPC and EGAS for delivering natural gas to the Egyptian domestic market.
NORDIC BUSINESS REPORT-12 December 2007-Hjellegjerde ASA signs sales agreement with chain Skeidar(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com
Sanko Junyaku currently manufactures and markets two test kits for interstitial pneumonia, EITEST KL-6 (sandwich enzyme immunoassay method) and PICOLUMI KL-6 (electrochemiluminescence immunoassay) for measurement of KL-6, a serum marker that is highly distinctive for the diagnosis of the disease, under a sales agreement with Eisai.
Poole says the sales agreement should state which repairs the seller is willing to make if any problems are found during the inspection.

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