contract to sell

contract to sell
contract to sell ˌcontract to ˈsell noun contracts to sell PLURALFORM [countable usually singular] COMMERCE LAW
a contract in which one person or company agrees to sell something and another agrees to buy it at a future time, for example when it is made or built

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contract to sell UK US noun [C, usually singular] (plural contracts to sell) COMMERCE
a formal agreement in which a person, company, etc. agrees to sell something to a buyer at a time in the future, and the buyer agrees to buy it: »

A conditional contract is similar to a normal contract to sell, except that the contract is subject to the fulfilment of certain conditions.


Financial and business terms. 2012.

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Look at other dictionaries:

  • contract to sell — A contract whereby the seller agrees to transfer the property in goods to the buyer for a consideration called the price. 46 Am J1st Sales § 2. See executed contract of sale; executory contract of sale; land contract; sale …   Ballentine's law dictionary

  • executory contract to sell — Contract under which something remains to be done by either party before delivery and passing of title. Martin v. John Clay & Co., Mo.App., 167 S.W.2d 407, 411 …   Black's law dictionary

  • executory contract to sell — Contract under which something remains to be done by either party before delivery and passing of title. Martin v. John Clay & Co., Mo.App., 167 S.W.2d 407, 411 …   Black's law dictionary

  • CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… …   Encyclopedia of Judaism

  • contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …   Law dictionary

  • sell — ▪ I. sell sell 1 [sel] verb sold PTandPP [səʊld ǁ soʊld] 1. [intransitive, transitive] COMMERCE to give someone property, assets, goods, services etc in return for money: • Chrysler plans to raise c …   Financial and business terms

  • contract — An agreement between two or more persons which creates an obligation to do or not to do a particular thing. As defined in Restatement, Second, Contracts No. 3: A contract is a promise or a set of promises for the breach of which the law gives a… …   Black's law dictionary

  • contract — An agreement between two or more persons which creates an obligation to do or not to do a particular thing. As defined in Restatement, Second, Contracts No. 3: A contract is a promise or a set of promises for the breach of which the law gives a… …   Black's law dictionary

  • contract of sale — See contract to sell; executed contract of sale; executory contract of sale; land contract …   Ballentine's law dictionary

  • contract for sale of goods — Includes both a contract for present sale of goods and a contract to sell goods at a future time. U.C.C. No. 2 106(1) …   Black's law dictionary

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