lost volume seller

noun

lost vol·​ume seller
: a seller who sells to a buyer after a previous buyer has breached a contract for sale but who would have been able to make a sale to the second buyer even if the first buyer had not breached

called also lost volume dealer

Dictionary Entries Near lost volume seller

Cite this Entry

“Lost volume seller.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/lost%20volume%20seller. Accessed 4 Mar. 2024.

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