HyperDic: private_treaty

English > 1 sense of the expression private treaty:
NOUNactprivate treatya sale of property at a price agreed on by the seller and buyer without an intervening agency
English > private treaty: 1 sense > noun 1, act
MeaningA sale of property at a price agreed on by the seller and buyer without an intervening agency.
Broaderselling, merchandising, marketingThe exchange of goods for an agreed sum of money

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