sale and return

sale and return
sale or return or sale and return
An arrangement by which a retailer may return to the wholesaler any goods not sold
• • •
Main Entry:sale

* * *

sale and return,
an arrangement whereby a retailer accepts goods from a wholesaler on condition that he may return any part of the goods that he fails to sell.

Useful english dictionary. 2012.

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Look at other dictionaries:

  • sale and return — A species of contract by which the seller (usually a manufacturer or wholesaler) delivers a quantity of goods to the buyer, on the understanding that, if the latter should desire to retain or use or resell any portion of such goods, he will… …   Black's law dictionary

  • sale or return — or sale and return An arrangement by which a retailer may return to the wholesaler any goods not sold • • • Main Entry: ↑sale …   Useful english dictionary

  • sale or return — ˌsale or reˈturn noun [uncountable] COMMERCE if a shop buys something on a sale or return basis, it can return the goods it is unable to sell * * * sale or return UK US noun [U] (UK ► COMMERCE a system in which goods are supplied to stores and… …   Financial and business terms

  • Sale-and-leaseback — A sale and leaseback [ [ and leaseback.html sale and leaseback Definition ] ] is typically a commercial real estate transaction in which one party, often a corporation, sells its corporate real estate assets to… …   Wikipedia

  • sale or return — A sale defeasible upon condition subsequent, title to the goods passing to the purchaser, subject to being divested out of him and revested in the seller by a return of the goods according to the terms of the contract. Anno: 52 ALR 596; 46 Am… …   Ballentine's law dictionary

  • sale — n 1 a: the transfer of title to property from one party to another for a price; also: the contract of such a transaction see also short 1 2 compare barter, donation …   Law dictionary

  • on sale or return — phrasal : on approval * * * on sale or return british phrase an arrangement in which a shop can return to the wholesaler any goods that it is not able to sell The manufacturer let us have the toys on sale or return. Thesaurus: describing ways of… …   Useful english dictionary

  • sale on approval — see sale Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. sale on approval …   Law dictionary

  • sale — A contract between two parties, called, respectively, the seller (or vendor) and the buyer (or purchaser), by which the former, in consideration of the payment or promise of payment of a certain price in money, transfers to the latter the title… …   Black's law dictionary

  • Sale(s) and return — Соглашение, по которому книготоргующая организация может вернуть издателю непроданную часть тиража …   Краткий толковый словарь по полиграфии

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