Resale
/ˈriːseɪl/
Definitions
- (n.) The act or practice of selling something that has been previously purchased.
The resale of the property was completed within six months of the initial purchase.
- (n.) The subsequent sale of goods by someone who is not the original manufacturer or importer, often subject to regulations under trademark or contract law.
Resale price maintenance agreements can sometimes violate antitrust laws due to their effect on resale.
Forms
- resale
Related terms
See also
Commentary
In legal contexts, 'resale' often implicates issues such as contract rights, trademark enforcement, and antitrust regulations; drafters should specify the nature of the goods and parties involved.
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.