- An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery. Bloomberg Financial Dictionary
* * *sale sale [seɪl] noun1. [countable, uncountable] COMMERCE the act of selling someone property, food, or other goods:sale of
• The public protested at the sale of land for industrial development.
• A house sale may be completed in four weeks.
• Every time we make a sale, I get $50 commission.
• Rather than lose a sale, car salesmen will often bring down the price.
• Tickets go on sale (= become available to buy ) later this week.— see also bill of sale, conditions of sale, offer for sale, point of sale, trust for sale, trustee for saleˈcash sale [countable] COMMERCEa sale in which full payment is received immediately, rather than in regular monthly payments:
• The shipping company announced the £360 million cash sale of its industrial services division.conˌditional ˈsale [countable, uncountable] COMMERCEa sale in which the full amount will be made in one payment some time in the future or in smaller regular payments over a period of time. The seller remains the owner of the property or goods being sold until full payment is made:
• He bought the vehicle under a conditional sale agreement.ˈcredit ˌsale [countable, uncountable] COMMERCEa sale in which the full amount will be made in one payment some time in the future or in smaller regular payments over a period of time. The buyer is the owner of the property or goods being sold from the time the arrangement is made:
• Goods may be taken on hire purchase, credit sale, or conditional sale terms.diˌrect ˈsale [countable, uncountable] COMMERCE1. a sale made by a manufacturer or importer direct to a shop, rather than through a wholesaler or a distributor:
• In Europe, we rely on local distributors rather than direct sales.
• a company's direct sales forcediˌrect ˈsales [plural] COMMERCEwhen a company sells goods directly to shops, rather than using another company to distribute its goodsˌfirm ˈsale COMMERCE1. [countable, uncountable] when a shop buys a quantity of goods from a supplier, and cannot return any goods it does not sell:
• Specialist booksellers usually have a minimum order and offer only firm sales.2. [countable] an agreement to buy something, but for which no payment has actually been received:
• Are you sure this is a firm sale?ˈforward ˌsale [countable] COMMERCEan arrangement between two organizations to buy a particular amount of something for a fixed price in the futureˌindirect ˈsale[countable, uncountable] COMMERCE a sale made through a shop, rather than direct to a customer:
• Last year's business was split 60%-40% between direct and indirect sales.ˌlast ˈsale [countable]FINANCE the most recent sale of shares in a particular company on a stockmarketˌprivate ˈsale [countable, uncountable] COMMERCEthe sale of something in an arrangement directly between the seller and the buyer, rather than openly:
• They completed the private sale of 61,500 shares to a Liechtenstein investment company.ˌpublic ˈsale [countable, uncountable] COMMERCEwhen something is offered for sale openly, rather than sold in a private arrangement:
• The telecommunications company plans to raise 216 million pesos through the public sale of 12 million common shares.ˌshort ˈsale [countable] FINANCEan occasion when someone sells shares they do not yet own, believing that the price will fall so that the shares can be bought more cheaply before they have to be delivered; =bear saleˈwash ˌsale [countable] FINANCEan occasion when the buyer and seller of shares is the same person or organization. Wash sales are done to give the false impression that investors are interested in the shares, and are illegal:
• He told investigators that large blocks of stock were being traded in wash sales.2. for sale COMMERCE available to be bought:
• Executives said the firm may be for sale.
• We don't have a for sale sign up outside the building.
• She recently put her house up for sale.3. on sale COMMERCE available for a short time at a reduced price; = On Offer Bre:
• I bought a set of iron skillets on sale for $8.99.4. COMMERCE [countable] a period of time when a shop sells its goods at lower prices than usual:
• The drugstore downtown is having a sale, and some things are down to half price.ˈclearance ˌsale [countable] COMMERCEa sale in which a shop gets rid of all its old stock:
• Shoppers returned over the weekend, drawn by clearance sales.ˌclosing ˈdown ˌsale [countable] COMMERCEa sale in which a shop gets rid of all its stock before it closes permanently:
• The sign in the shop window read " Closing Down Sale".ˌend-of-ˈseason ˌsale [countable] COMMERCEa sale in which a shop sells unsold stock of spring, summer, autumn, or winter clothing at the end of each particular season at a reduced price
• You might be able to get a cheap bed in the sales.
• The cost of footwear was reduced by 12% at the January sales.6. [countable] COMMERCE an event at which things are sold, especially to the person who offers the highest price:end-of-season sale of
• a sale of 17th century paintingsˈfire sale also fire-sale[countable] COMMERCE an occasion when someone sells something at a very low price because they need the money very quickly:
• Bankruptcy could lead to a fire sale, with creditors receiving a smaller dividend.
• Stores have resorted to fire sale tactics this month because they have more inventory than they want.7. sales [plural] ACCOUNTING the total number of products that a company sells during a particular period of time:
• We grossed more than £500,000 in sales last year.
• The rate of sales growth slowed in the second half of the year.
• They've already reached their sales targets for this year.
• Do you have this month's sales figures?ˌcomparable-ˈstore ˌsales abbreviation comps [plural]money from sales, without taking costs, tax etc into account; = GROSS RECEIPTS:
• Total gross sales in January were £522 million, which after taking into account repayments, gave net receipts of £103 million.money from a company's sales in a particular period of time, after taking off taxes, goods returned by customers etc:
• The company achieved growth in net sales (after deducting excise duties) of 4%.ˈretail ˌsales [plural] COMMERCEsales to members of the public, rather than to a shop or other business:
• Retail sales rose 0.6% in January.ˌsame-ˈstore ˌsales [plural]ACCOUNTING a way of measuring a company's performance, based on the change in the value of its stores' sales compared to the previous year. The stores that are included in the comparison must have been open for at least a year:
• Wal-Mart Stores Inc., the world's largest retailer, said June same-store sales in the US rose 1.2 percent.ˈtrade sales [plural] COMMERCEsales to shops or businesses, rather than to members of the public:
• Trade sales of children's books rose by 25%.— see also telesalesˈunit sales [plural]MARKETING the numbers of a particular product or type of product that have been sold:
• Unit sales of personal computers were up 40% on a year-to-year basis.
• I'd like to work in sales.
• She is director of sales and marketing.
• a sales manager
* * *sale UK US /seɪl/ noun [C or U]► COMMERCE the act or process of selling something: make a sale »
The salesman was eager to make a quick sale.»
agree a salecomplete/close a sale »
When the time came to close the sale, another page had been added to the contract.sale of sth »
The sale of tobacco items to minors is prohibited.»
online/internet sales► COMMERCE a period when a store is selling things at lower prices than usual: »
have a sale»
a mid-season sale»
the January/July salesin the sale(s) »
I got a new coat for $50 in the sales.► an occasion when a particular type of product is being sold: »
The library has a book sale every year.»
a sale of Oriental carpets● sales — Cf. sales● sales — Cf. sales● for sale — Cf. for sale● on sale — Cf. on sale● sale as seen — Cf. sale as seen→ See also AGREEMENT OF SALE(Cf. ↑agreement of sale), BILL OF SALE(Cf. ↑bill of sale), CASH SALE(Cf. ↑cash sale), CLEARANCE SALE(Cf. ↑clearance sale), CLOSING-DOWN SALE(Cf. ↑closing-down sale), COMPARABLE-STORE SALES(Cf. ↑comparable-store sales), CONDITIONAL SALE(Cf. ↑conditional sale), CONDITIONS OF SALE(Cf. ↑conditions of sale), COST OF SALES(Cf. ↑cost of sales), CREDIT SALE(Cf. ↑credit sale), DIRECT SALE(Cf. ↑direct sale), END-OF-SEASON SALE(Cf. ↑end-of-season sale), FIELD SALES(Cf. ↑field sales), FIRE SALE(Cf. ↑fire sale), FIRM SALE(Cf. ↑firm sale), FORWARD SALE(Cf. ↑forward sale), GROSS SALES(Cf. ↑gross sales), INDIRECT SALE(Cf. ↑indirect sale), LAST SALE(Cf. ↑last sale), NET SALES(Cf. ↑net sales), POINT OF SALE(Cf. ↑point of sale), PRIVATE SALE(Cf. ↑private sale), PUBLIC SALE(Cf. ↑public sale), RETAIL SALES(Cf. ↑retail sales), SAME-STORE SALES(Cf. ↑same-store sales), SHERIFF'S SALE(Cf. ↑sheriff's sale), SHORT SALE(Cf. ↑short sale), TAX SALE(Cf. ↑tax sale), TRADE SALE(Cf. ↑trade sale), UNIT SALES(Cf. ↑unit sales), WASH SALE(Cf. ↑wash sale), WHITE SALE(Cf. ↑white sale)
Financial and business terms. 2012.
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