Abnormal Sale

Business, Legal & Accounting Glossary

Definition: Abnormal Sale

Abnormal Sale

Full Definition of Abnormal Sale

A sale that does not represent a market transaction. If, for example, a house sells for $100,000 on a street where similar houses sell for $200,000, then the first home would be considered an abnormal sale. An appraiser may choose to disregard abnormal sales when selecting similar properties to compare values.

Cite Term

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Page URL
Modern Language Association (MLA):
Abnormal Sale. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 07, 2021 https://payrollheaven.com/define/abnormal-sale/.
Chicago Manual of Style (CMS):
Abnormal Sale. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/abnormal-sale/ (accessed: December 07, 2021).
American Psychological Association (APA):
Abnormal Sale. PayrollHeaven.com. Retrieved December 07, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/abnormal-sale/

Definition Sources

Definitions for Abnormal Sale are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.