resale

[ˈriːseɪl]

resale Definition

the act of selling something that has already been bought or sold once before.

Using resale: Examples

Take a moment to familiarize yourself with how "resale" can be used in various situations through the following examples!

• Example

  The resale value of the car is quite high.

• Example

  The resale market for designer clothes is booming.

• Example

  The company prohibits the resale of its products without permission.

resale Synonyms and Antonyms

Synonyms for resale

• secondhand sale
• used sale
• pre-owned sale

Phrases with resale

• resale price

  the price at which something is sold again after it has been bought once before

  Example

  The resale price of the house was much higher than its original purchase price.

• resale shop

  a store that sells used items, often at a lower price than new items

  Example

  She found a great deal on a dress at the resale shop.

• resale certificate

  a document that allows a business to buy items without paying sales tax, with the intention of reselling them later

  Example

  The company provided a resale certificate to the supplier to avoid paying sales tax on the materials.

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Summary: resale in Brief

'Resale' [ˈriːseɪl] refers to the act of selling something that has already been bought or sold once before. It is commonly used in the context of secondhand or pre-owned items, such as cars, designer clothes, and other products. 'Resale' can also refer to specific aspects of the process, such as the 'resale price' or 'resale shop.'