Business Sale
/ˈbɪznɪs seɪl/
Definitions
- (n.) The transfer of ownership of a business entity or its assets from one party to another, typically involving contracts and negotiation of terms.
The parties finalized the business sale after agreeing on all terms and conditions.
Forms
- business sale
- business sales
Related terms
See also
Commentary
Business sales can involve either the sale of the entire company or specific assets; clarity in drafting is essential to distinguish these scenarios.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.