private treaty

noun

Definition of private treaty

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

Examples of private treaty in a Sentence

Recent Examples on the Web Security equipment like full-body scanners and automatic passport gates will be available through private treaty sales after a security check of the buyers. Palko Karasz, New York Times, 20 Apr. 2018 Brownfield's areas of expertise include farmland, private treaty brokerage, auctions and buyer or seller representation. Michelle Mullins, Naperville Sun, 23 Mar. 2018

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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Time Traveler for private treaty

Time Traveler

The first known use of private treaty was in 1858

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Cite this Entry

“Private treaty.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/private%20treaty. Accessed 16 Jun. 2021.

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More Definitions for private treaty

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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