sale in ordinary course of business

sale in ordinary course of business
See in the ordinary course of business.

Ballentine's law dictionary. . 1998.

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  • Ordinary course of business — In law, the ordinary course of business covers the usual transactions, customs and practices of a certain business and of a certain firm. This term is used particularly to judge the validity of certain transactions. It is used in several… …   Wikipedia

  • in the ordinary course of business — In the course of business of mercantile men generally, not those engaged in a particular trade. Romeo v Martucci 72 Conn 504, 45 A 1. A sale such as made in the regular course of business, not one such as will be made only a few times in the life …   Ballentine's law dictionary

  • ordinary — 1. noun At common law, one who had exempt and immediate jurisdiction in causes ecclesiastical. Also a bishop; and an archbishop is the ordinary of the whole province, to visit and receive appeals from inferior jurisdictions. Also a commissary or… …   Black's law dictionary

  • sale at retail — A sale to a customer for his own use, or the use of his family, rather than for resale by him in the course of business. Anno: 139 ALR 376. A transfer of title to tangible personal property, made in the ordinary course of the transferer s… …   Ballentine's law dictionary

  • 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

  • property held for sale — See sale in ordinary course of business …   Ballentine's law dictionary

  • Business and Industry Review — ▪ 1999 Introduction Overview        Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… …   Universalium

  • Bulk sale — For food sold by weight in stores, see bulk bins. A bulk sale, sometimes called a bulk transfer, is a sale of goods by a business that represents all or substantially all of its inventory to a single buyer unless such a sale would be common in… …   Wikipedia

  • bulk sale — see sale Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bulk sale n. A transfer or sal …   Law dictionary

  • due course of trade — In the ordinary course of business. The circumstances attendant upon a transaction in the ordinary course of business, such as a sale and payment of the price contemporaneously …   Ballentine's law dictionary

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