lost volume seller

noun
lost vol·​ume seller

Legal Definition of lost volume 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

Learn More About 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 18 Jun. 2021.

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