Resale

Business, Legal & Accounting Glossary

Definition: Resale


Resale


What is the dictionary definition of Resale?

Dictionary Definition


  1. n. selling again, particularly at retail.
  2. adj. referring to sales to the general public, as distinguished from wholesale, sales to retailers.

In many US states, a “resale license” or “resale number” is required so that the state can monitor the collection of sales tax on retail sales.


Cite Term


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Page URL
https://payrollheaven.com/define/resale/
Modern Language Association (MLA):
Resale. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/resale/.
Chicago Manual of Style (CMS):
Resale. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/resale/ (accessed: May 18, 2024).
American Psychological Association (APA):
Resale. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/resale/

Definition Sources


Definitions for Resale 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: 30th April, 2020 | 0 Views.