- consideration of a sale
- The amount paid or to be paid for the articles furnished. See 46 Am J1st Sales § 60.
Ballentine's law dictionary. Anderson, W.S.. 1998.
consideration of a 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 — 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
Consideration under English law — Consideration is one of the three main building blocks of a contract in English contract law. Consideration can be anything of value (such as an item or service), which each party to a legally binding contract must agree to exchange if the… … Wikipedia
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
sale — [sāl] n. [ME < OE sala < ON: for IE base see SELL] 1. the act of selling; exchange of property of any kind, or of services, for an agreed sum of money or other valuable consideration 2. opportunity to sell or be sold; market 3. the act of… … English World dictionary
sale-leaseback — USA A transaction in which a seller deeds property to a buyer for consideration and the buyer simultaneously leases that property back to the seller. See also sale and leaseback Practical Law Dictionary. Glossary of UK, US and international legal … Law dictionary
sale and lease back — The owner of a freehold property sells it to an investment institution for its capital value and at the same time takes a lease of the property from the investment institution. The investment institution acquires the property at a value, which… … Law dictionary
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
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
Consideration under American law — Contract law Part o … Wikipedia
