resale
Selling something again
selling something again after someone has already bought it
the resale of [something]
- The resale of concert tickets above face value is illegal in some places.
- She made a profit on the resale of the apartment.
- Online resale has become a major part of the fashion industry.
- The resale of the car took only one week.
- They make money from resale.
Related to being resold
connected with selling something again
resale [noun]
- Resale tickets for the final appeared online minutes after the concert sold out.
- A growing number of resale platforms specialize in designer clothes.
- They chose a resale home instead of a new-build condo.
- I bought a resale ticket.
- This app is for resale clothes.
- Base: resale
- Plural: resale
for resale
1Intended to be sold again
bought or kept so it can be sold to someone else
- The wholesaler sells cases of drinks to small stores for resale.
- She buys vintage coats at estate sales for resale online.
- Products imported for resale may require different tax forms.
not for resale
1Not allowed to be resold
not meant to be sold to someone else
- The free sample was clearly marked “not for resale.”
- The game code came with the console and was not for resale.
- Some promotional copies of the book say “not for resale” on the cover.
resale certificate
1Tax document for resellers
a business document used when buying goods that will be sold again
- The store provided a resale certificate so it would not pay sales tax on inventory.
- Wholesalers often ask new customers for a resale certificate.
- A resale certificate may be rejected if the purchase is for office equipment rather than products for sale.
resale market
1Market for resold goods
the place or system where people sell things that have already been bought
- There is a huge resale market for limited-edition sneakers.
- Prices in the resale market rose after the show sold out.
- Designer handbags often keep their value in the resale market.
resale price
1Price when sold again
the price someone gets or charges when selling something again
- The resale price of the laptop dropped quickly after a new model came out.
- Dealers can set their own resale prices.
- The watch has a high resale price because it is rare.
resale shop
1Secondhand retail store
a shop that sells used things
- She found a designer jacket in a resale shop.
- The resale shop accepts clean clothes and small furniture.
- Many resale shops sell both donated items and items bought from sellers.
resale value
1Future selling worth
how much money you can probably get if you sell something later
- Toyotas are popular partly because of their strong resale value.
- Renovating the kitchen could improve the home's resale value.
- A cracked screen lowers the phone's resale value.
ticket resale
1Selling event tickets again
selling tickets again after the first buyer bought them
- The stadium uses an official ticket resale service.
- Some countries regulate ticket resale to stop extreme markups.
- Ticket resale prices soared after the band announced its final tour.