private treaty

noun
|Updated on: 1 May 2018

Definition of private treaty

: a sale of property on terms determined by conference of the seller and buyer — compare auction

Recent Examples of private treaty from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'private treaty.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of private treaty

1858

in the meaning defined above

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Law Dictionary

private treaty

noun

legal Definition of private treaty

: a sale of property on terms determined between the buyer and the seller
  • got better prices by private treaty than his neighbors did at auction

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