Definition of sale
- vice president in charge of sales
They profited from the sale of the house.
Sales are up by $6,000 this month.
The company made over one million dollars in sales this quarter.
The store is having a spring sale.
Everything in the store will be 15 percent off during the sale.
There is a sale on flights between New York and Paris.
He has a job in sales.
The department is in charge of sales and marketing.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'sale.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
A sale is the transfer of title to a piece of property or performance of a service in return for compensation. In the retail world, a sale means a temporary price discount on certain items.
Let's say John Doe is cleaning out his garage and needs to get rid of his lawnmower. He calls his neighbor, Jane Smith, to see if she wants it. She offers him $50 for the mower. John accepts, giving her the lawnmower in return for the $50. This transaction is a sale.
Sales are one of the basic concepts of commerce. In the legal world, several conditions must exist for a sale to take place. For example, the person selling the item or service must be the legal owner of the item or service in the first place. The sale has to involve the transfer of money or other items (as in bartering), and the parties must agree on the thing being sold. The two parties must enter the transaction willingly (i.e., neither of them can be "forced into" the transaction). Often, a bill of sale, also called a receipt, formally transfers the ownership of the item to the buyer.
: the act of selling something : the exchange of goods, services, or property for money
sales : the total amount of money that a business receives from selling goods or services
: an event or occasion during which a business sells goods or services at prices that are lower than usual
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