firm sale

/fɜ:m 'seɪl/ noun
a sale which does not allow the purchaser to return the goods

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • firm sale — ➔ sale * * * firm sale UK US noun ► [C or U] COMMERCE a sale in which the buyer is not allowed to return the goods: »No returns will be accepted for items supplied on firm sale. ► [C] a sale that has been agreed between a seller and buyer: »At… …   Financial and business terms

  • sale — An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery. Bloomberg Financial Dictionary * * * sale sale [seɪl] noun 1. [countable, uncountable] COMMERCE the act of selling someone property, food, or… …   Financial and business terms

  • firm — 1. . noun An organization established to undertake business or professional activity. A firm is not necessarily a *corporation, as the term covers *partnerships and other legal forms of economic unit. 2. adjective Not subjected to uncertainty or… …   Auditor's 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

  • Firm offer — In the United States, a firm offer allows merchants to make offers to buy or sell irrevocable for up to three months provided that the offer be put down in writing or otherwise authenticated. Such offers are defined by UCC § 2 205 of the Uniform… …   Wikipedia

  • Sale of Shin Corporation to Temasek Holdings — The 2006 sale of the Shinawatra family s share of Shin Corporation to Temasek Holdings caused great controversy in Thailand. The sale was in response to long standing criticisms that the Shinawatra family s holdings created a conflict of interest …   Wikipedia

  • sale and leaseback — A lease that is initiated when a firm sells an asset it owns to another firm and simultaneously leases the asset back for its own use. A sale of an asset to a vendee who immediately leases back to the vendor. The usual objectives are (1) to free… …   Black's law dictionary

  • sale — n. 1 the exchange of a commodity for money etc.; an act or instance of selling. 2 the amount sold (the sales were enormous). 3 the rapid disposal of goods at reduced prices for a period esp. at the end of a season etc. 4 a an event at which goods …   Useful english dictionary

  • Firm Commitment — 1. A lending institution s promise to enter into a loan agreement with a specific entity within a certain period of time. 2. An underwriter s agreement to assume all inventory risk and purchase all securities directly from the issuer for sale to… …   Investment dictionary

  • Jerry Lewis - Lowery lobbying firm controversy — The Jerry Lewis Lowery lobbying firm controversy stems from the relationship between Congressman Jerry Lewis (R CA) and a lobbying firm, known as Copeland Lowery Jacquez Denton White, where good friend and former U.S. Congressman Bill Lowery was… …   Wikipedia

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