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Sell

To relinquish ownership of some asset in exchange for some monetary compensation. Selling 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 to the buyer 100 widgets and in their place receives $200. See also: Buy.

sell

To dispose of an asset. Compare buy.

sell

see SELLING.
References in periodicals archive ?
The property should be sold in the form of one legal lot to one person.
Example 10: H and W, both age 58, sold their principal residence in 1995 for $200,000.
This third-party entity then sells the shareholders' stock to the buying corporation for all cash, recognizing no capital gains since the third-party entity's tax basis in the sold stock equals the amount of the promissory note by which the stock was purchased from the selling shareholders.
After G left home to attend college in August 1996, R sold the home and purchased a new one.
As long as you haven't sold the stock, you might feel you really haven't lost money.