sale and purchase agreement

sale and purchase agreement
sale and purchase agreement UK US noun [C] (ABBREVIATION SPA) LAW
a legal agreement that a buyer will buy a product or service and a seller will sell it: »

They sued the contractor to recover the $50,000 they put down when they signed a sale and purchase agreement on their home.


Financial and business terms. 2012.

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Look at other dictionaries:

  • sale and purchase agreement — See acquisition agreement Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • Hire and purchase agreement — Hire purchase Hire purchase, or, more fully, Hire purchase agreement Hire purchase agreement, or Hire and purchase agreement Hire and purchase agreement (Law) A contract (more fully called contract of hire with an option of purchase) in which a… …   The Collaborative International Dictionary of English

  • Purchase agreement — As used in connection with project financing, an agreement to purchase a specific amount of project output per period. The New York Times Financial Glossary * * * purchase agreement purchase agreement ➔ agreement * * * purchase agreement UK US… …   Financial and business terms

  • purchase agreement — Used in connection with project financing; an agreement to purchase a specific amount of project output per period. Bloomberg Financial Dictionary * * * purchase agreement purchase agreement ➔ agreement * * * purchase agreement UK US noun [C]… …   Financial and business terms

  • purchase agreement — USA Also known as a subscription agreement. The purchase agreement is the principal agreement between the issuer and the investor in an unregistered offering of debt or equity securities. The agreement, which sets out the terms and conditions of… …   Law dictionary

  • agreement — a‧gree‧ment [əˈgriːmənt] noun [countable] 1. an arrangement or promise to do something, made by two or more people or organizations: • Under the agreement, the company will distribute our products in North America. • What happens if the warring… …   Financial and business terms

  • Hire purchase agreement — Hire purchase Hire purchase, or, more fully, Hire purchase agreement Hire purchase agreement, or Hire and purchase agreement Hire and purchase agreement (Law) A contract (more fully called contract of hire with an option of purchase) in which a… …   The Collaborative International Dictionary of English

  • note purchase agreement — USA A contract for the sale and purchase of notes that allows a company (the seller) to raise money for general corporate purposes, to complete an acquisition or for other purposes. The purchaser invests in the company through the purchase of the …   Law dictionary

  • buy-and-sell agreement — ➔ agreement * * * buy and sell agreement UK US noun [C] LAW ► an agreement saying that the remaining partners of a company will buy the part of a company owned by a partner who dies, becomes unable to work, or wants to sell: »A buy and sell… …   Financial and business terms

  • Bond Purchase Agreement — A legally binding document between a bond issuer and an underwriter establishing the terms of a bond sale. The terms of a bond purchase agreement will include sale conditions, sale price, bond interest rate, bond maturity, bond redemption… …   Investment dictionary

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