Sale

/ˈseɪl/

Definitions

  1. (n.) The contract or act of selling goods or property.
    The sale of the house was finalized yesterday.
  2. (n.) An event or period during which goods are sold at reduced prices.
    The store announced a sale on all electronics this weekend.

Forms

  • sales

Commentary

In legal drafting, specify terms of sale clearly to define rights and obligations.

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.

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