Skip to content

resale

noun

No English definition recorded for this entry.

L326684 on Wikidata ↗

Wiktionary

Pronunciation: /ˈriːseɪl/ / /ˈriˌseɪl/

noun

Etymology: Etymology tree Proto-Italic *wre- Latin re-der. Old French re-bor. Middle English re- English re- English sale English resale From re- + sale.

  1. Sale of something previously bought.

    They bought the contents of the locker for resale.

    The resale value was high as the items were quite rare.

  2. The sale by the original seller to another purchaser of goods due to non-payment by original purchaser, often with the original purchaser liable for any shortfall between the original sale price and the price realized by the original seller.