resale

noun
re·​sale | \ ˈrē-ˌsāl How to pronounce resale (audio) , (ˌ)rē-ˈsāl \

Definition of resale

1 : the act of selling again usually to a new party
2a : a secondhand sale
b : an additional sale to the same buyer

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Examples of resale in a Sentence

They earned thousands of dollars on resales of the baseball tickets. He buys baseball collectibles and then holds them for resale. The resale price of the car is $8,000.
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Recent Examples on the Web ThredUp predicts the resale market will hit $64 billion by 2024, and that the online secondhand market will grow 69% by 2021. Emily Farra, Vogue, "2020 Was a Big Year for Old Clothes: How Vintage, Secondhand, and Upcycling Took Off," 21 Nov. 2020 Thanks to growing consumer demand and new digital platforms like Tradesy and Poshmark that facilitate peer-to-peer exchange of everyday clothing, the digital resale market is quickly becoming the next big thing in the fashion industry. Quartz, "Secondhand clothing sales are booming—and may help solve fashion’s sustainability crisis," 17 Nov. 2020 Serendipity accepts donations of household items, collectibles, clothing and other items for resale, with all profits after rent and utilities going to Little Friends. Rafael Guerrero, chicagotribune.com, "Serendipity resale shop moving from downtown Naperville to Route 59 in Aurora; Mission BBQ to open," 23 Oct. 2020 Retailers selling anything besides toilet paper, hand sanitizer and other essentials were hit hard, and resale shops weren’t immune. Lauren Zumbach, chicagotribune.com, "Secondhand shopping comes to Michigan Avenue, even in the middle of a pandemic," 29 Oct. 2020 Some of those tickets have found their way onto the resale market with quite the bump in price. Jeremy Cluff, The Arizona Republic, "Ticket prices surge for Arizona Cardinals vs. Seattle Seahawks Sunday Night Football," 23 Oct. 2020 The digital resale market is poised to grow 27% this year to about $9 billion in sales and could quadruple that total by 2024, ThredUp said in a report earlier this year. Jordyn Holman, Bloomberg.com, "Online Thrift Shop ThredUp Files Confidentially for U.S. IPO," 21 Oct. 2020 At the FedEx hubs, returns are sorted by retailer, prepared for resale and shipped in bulk back to the retailer that sold them originally. Alexis Benveniste, CNN, "Soon FedEx won't require boxes and labels when you make some returns," 20 Oct. 2020 Pricing took into account a man’s strength or a girl’s ability to bear children for resale. Lynsey Chutel, Quartz Africa, "What is owed Africa," 13 Oct. 2020

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

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First Known Use of resale

1598, in the meaning defined at sense 1

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Time Traveler for resale

Time Traveler

The first known use of resale was in 1598

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Statistics for resale

Last Updated

26 Nov 2020

Cite this Entry

“Resale.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/resale. Accessed 28 Nov. 2020.

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More Definitions for resale

resale

noun
How to pronounce resale (audio)

English Language Learners Definition of resale

: the act of selling something that you have bought

resale

noun
re·​sale | \ ˈrē-ˌsāl, ˌrē-ˈsāl How to pronounce resale (audio) \

Legal Definition of resale

: the act or an instance of selling again specifically : the selling of goods again by the same seller by right and after a breach by the original buyer a purchaser that buys in good faith at a resale takes the goods free of any rights of the original buyer Uniform Commercial Code

Other Words from resale

resalable \ ˌrē-​ˈsā-​lə-​bəl How to pronounce resalable (audio) \ adjective

More from Merriam-Webster on resale

Nglish: Translation of resale for Spanish Speakers

Comments on resale

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