sale

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 transfer of the title to personal property for money. 46 Am J1st Sales § 2. For tax purposes, a bona fide transfer of property for an amount of money or a money equivalent which is fixed or determinable. Gregory v Helvering, 293 US 465, 79 L Ed 596, 56 S Ct 266, 97 ALR 1355. A transfer of the general or absolute, as distinguished from a special, property in a thing, for a price in money. Union Secur. v Merchants' Trust & Sav. Co. 205 Ind 127, 185 NE 150, 95 ALR 1189. But sometimes inclusive, as in the case of a conditional "sale," of a transaction which does not effect an absolute transfer of title. Carter v Slavick Jewelry Co. (CA9 Cal) 26 F2d 571, 58 ALR 1043. A term inclusive of the sale of securities. People v Gillett, 243 Ill App 41. A term also applied very frequently to the transaction under a land contract as well as to a conveyance by deed for a consideration. Fox v Adrian Realty Co. 327 Mich 89, 41 NW2d 486, 15 ALR2d 1037. See bulk sale; conditional sale; futures.

Ballentine's law dictionary. . 1998.

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  • Salé — سلا Héraldique …   Wikipédia en Français

  • sale — n 1 a: the transfer of title to property from one party to another for a price; also: the contract of such a transaction see also short 1 2 compare barter, donation …   Law dictionary

  • 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 — may refer to:*Sale, discounts and allowances in the prices of goods, such as: **Fire sale, a drastic discount in prices **Loan sale, a sale under contract of all or part of the cash stream from a specific loan **Closeout, the final sale of an… …   Wikipedia

  • sale — W1S2 [seıl] n [Date: 1000 1100; : Old Norse; Origin: sala] 1.) [U and C] when you sell something sale of ▪ The use and sale of marijuana remains illegal. ▪ Harvey gets a $50 commission every time he makes a sale (=sells something as part of his… …   Dictionary of contemporary English

  • sale — [ seıl ] noun *** 1. ) count or uncount the process of selling goods or services for money: sale of: a prohibition on the sale of arms a ) count a single instance of selling goods or services: make/lose a sale: I m willing to lower the price in… …   Usage of the words and phrases in modern English

  • salé — salé, ée (sa lé, lée) part. passé de saler. 1°   Assaisonné avec du sel. Manger salé. •   Depuis que vous êtes hors d ici, je n ai point trouvé de viande qui ne fût trop salée, ni d homme qui ne le fût trop peu, VOIT. Lett. 145.    Familièrement …   Dictionnaire de la Langue Française d'Émile Littré

  • Sale — ist der Name folgender Orte: Sale (Greater Manchester), Stadt in England Sale (Victoria), Stadt in Australien Salé, Stadt in Marokko Sale (Piemont), Gemeinde in Italien in der Provinz Alessandria Sale Marasino, Gemeinde in Italien in der Provinz… …   Deutsch Wikipedia

  • sale — SALE. adj. de tout genre. Qui est mal propre, qui n est pas net, qui est plein d ordure. Il se dit des personnes & des choses. Il est tousjours crasseux & sale. avoir les mains sales. linge sale. chemise sale. une chambre sale. les ruës sont… …   Dictionnaire de l'Académie française

  • Sale — Sale, n. [Icel. sala, sal, akin to E. sell. See {Sell}, v. t.] 1. The act of selling; the transfer of property, or a contract to transfer the ownership of property, from one person to another for a valuable consideration, or for a price in money …   The Collaborative International Dictionary of English

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