NOUN | communication | sales agreement, sale | an agreement (or contract) in which property is transferred from the seller (vendor) to the buyer (vendee) for a fixed price in money (paid or agreed to be paid by the buyer) |
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Meaning | An agreement (or contract) in which property is transferred from the seller (vendor) to the buyer (vendee) for a fixed price in money (paid or agreed to be paid by the buyer). | |
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Example | "the salesman faxed the sales agreement to his home office" | |
Synonym | sale | |
Narrower | conditional sale | A sale in which the buyer receives title to the property only upon the performance of some condition (usually the full payment of the purchase price) |
sheriff's sale, execution sale, judicial sale, forced sale | A sale of property by the sheriff under authority of a court's writ of execution in order satisfy an unpaid obligation | |
Broader | agreement, understanding | The statement (oral or written) of an exchange of promises |
Spanish | venta | |
Catalan | venda |
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