resale

resale
A sale at retail following a purchase at wholesale. A second sale by of the same goods or property by a seller. Banks v Pann, 82 Cal App 20, 254 P 937. A remedy of the seller under an executory contract of sale where the buyer refuses to receive or take the goods, or repudiates the contract. 46 Am J1st Sales § 566. A remedy of the seller of goods under an executed contract of sale where title has passed to the buyer but the seller has retained his lien by the retention of possession or by the exercise of the right of stoppage in transitu. 46 Am J1st Sales § 568. A remedy of the vendor under a conditional sales contract upon retaking the property for the default of the vendee. 47 Am J1st Sales § 966. A judicial sale, following a prior sale of such nature, where the purchaser fails to comply with his bid or where the sale is vacated. 30A Am J Rev ed Jud S §§ 270 et seq.

Ballentine's law dictionary. . 1998.

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  • resale — re·sale / rē ˌsāl, ˌrē sāl/ n: the act or an instance of selling again; specif: the selling of goods again by the same seller by right and after a breach by the original buyer a purchaser who buys in good faith at a resale takes the goods free of …   Law dictionary

  • resale — re‧sale [ˈriːseɪl] noun [uncountable] COMMERCE 1. the selling of goods that you have bought from someone else: • It began buying computer peripherals from Hitachi for resale to its European customers. • the resale prices of these cars • the… …   Financial and business terms

  • Resale — (engl. für Wiederverkauf, Weiterverkauf ) steht für: Wiederverkauf von eingekauften Dienstleistungen oder Produkten, siehe auch Wiederverkäufer Resale (Messe), Messe für gebrauchte Maschinen und Anlagen in Karlsruhe Diese Seite ist eine …   Deutsch Wikipedia

  • Resale — Re*sale (r? s?l or r? s?l), n. A sale at second hand, or at retail; also, a second sale. Bacon. [1913 Webster] …   The Collaborative International Dictionary of English

  • resale — (n.) 1620s, from RE (Cf. re ) back, again + SALE (Cf. sale) (q.v.) …   Etymology dictionary

  • resale — [rē′sāl΄] n. the act of selling again; specif., the act of selling something bought to a third party …   English World dictionary

  • resale — [[t]ri͟ːseɪl[/t]] N UNCOUNT: N n The resale price of something that you own is the amount of money that you would get if you sold it. ...a well maintained used car with a good resale value …   English dictionary

  • resale — / ri:seɪl/ noun the selling of goods which have been bought ● to purchase something for resale ● The contract forbids resale of the goods to the USA …   Marketing dictionary in english

  • resale —    Sales to the general public, as distinguished from wholesale, which is sales to retailers. In many states, a resale license or resale number is required, so that the state can monitor the collection of sales tax on retail sales …   Business law dictionary

  • resale — / ri:seɪl/ noun the selling of goods which have been bought ● to purchase something for resale ● The contract forbids resale of the goods to the USA …   Dictionary of banking and finance

  • resale — n. the sale of a thing previously bought. Phrases and idioms: resale price maintenance a manufacturer s practice of setting a minimum resale price for goods. Derivatives: resalable adj …   Useful english dictionary

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