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term sale

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  • SALE — (Heb. מְכִירָה, mekhirah). Sale may be defined as the permanent transfer for consideration of existing legal rights from one person to another. The consideration may be in money or in kind. By extension the term sale is also used to denote a… …   Encyclopedia of Judaism

  • sale — A contract between two parties, called, respectively, the seller (or vendor) and the buyer (or purchaser), by which the former, in consideration of the payment or promise of payment of a certain price in money, transfers to the latter the title… …   Black's law dictionary

  • term — n often attrib 1: a specified period of time the policy term 2: the whole period for which an estate is granted; also: the estate itself 3 a: the period in which the powers of a court may be validly exercised b …   Law dictionary

  • term — term1 [tʉrm] n. [ME terme < OFr < L terminus, a limit, boundary, end < IE * termṇ, a boundary stake < base * ter , to cross over, go beyond > TRANS , Gr terma, goal] 1. Archaic a point of time designating the beginning or end of a… …   English World dictionary

  • Sale of Goods Act 1979 — The Sale of Goods Act 1979 is a British Act of Parliament (1979, ch 54) which regulates contracts in which goods are sold and bought. The Act consolidates the Sale of Goods Act 1893 and subsequent legislation, which in turn consolidated the… …   Wikipedia

  • Sale-and-leaseback — A sale and leaseback [ [http://investorwords.com/4364/sale and leaseback.html sale and leaseback Definition ] ] is typically a commercial real estate transaction in which one party, often a corporation, sells its corporate real estate assets to… …   Wikipedia

  • sale — A transfer of the property in a chattel for a consideration. Edward v Ioor, 205 Mich 617, 172 NW 620, 15 ALR 256. A transfer of personal property at a fixed money price payable in cash or in goods. Hartwig v Rushing, 93 Or 6, 182 P 177. A… …   Ballentine's law dictionary

  • Sale of commissions — The sale of commissions was a common practice in most European armies where wealthy and noble officers purchased their rank. Only the Imperial Russian Army and the Prussian Army never used such a system. The British Army, which used this practice …   Wikipedia

  • sale and leaseback — leaseback. Also called sale leaseback. * * * sale and leaseback UK US noun [uncountable] business the sale of something that the person selling it immediately rents back from the person who buys it, in order to get money from the sale and get a… …   Useful english dictionary

  • term — I. noun Etymology: Middle English terme, from Anglo French, from Latin terminus boundary marker, limit; akin to Greek termōn boundary, end, Sanskrit tarman top of a post Date: 13th century 1. a. end, termination; also a point in time assigned to… …   New Collegiate Dictionary

  • Term Repurchase Agreement — Under a term repurchase agreement, a bank will agree to buy securities from a dealer and then resell them a short time later at a preset price. The difference between the purchase and sale prices represents the interest paid for the agreement.… …   Investment dictionary

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