Definition
Formal contract by which a seller agrees to sell and a buyer agrees to buy, under certain terms and conditions spelled out in writing in the document signed by both parties. An invoice, for example, is a contract of sale. Also called agreement of sale, contract for sale, sale agreement, or sale contract.
Related Articles
- Planning to Retire? Don't Count On Social Security Alone *
- "Buy Straddle" Option Investment Strategy *
- Installment Sale *
- Options: How Pricing and Value Are Determined *
- An Explanation of Home Equity and the Related Loans *
- Advanced Bond Concepts *
- Tax Implications of Different Types of Investments *
- Can VAT Help America? *
Related Videos
http://www.businessdictionary.com/definition/contract-of-sale.html
