Resales
Part of speech: noun, verb
Definitions
- The act of selling something again after having previously purchased it; goods being sold to a different customer than the original buyer; a business practice involving the distribution of previously owned items, often in a secondary market
- The process whereby items are resold by consumers or retailers after initial ownership; items that change hands multiple times rather than being new; a commercial strategy that capitalizes on pre-owned commodities to reach different buyers
- Engaging in the selling of purchased products or goods over again; items transferred in ownership from one individual to another post-initial sale; an economic activity focused on the trade of second-hand goods among various stakeholders
Etymology: "Resales" is simply the plural of "resale," so it is the form that covers more than one instance of goods being sold again. The noun it belongs to is built from two plain English parts: the prefix "re-," meaning again, attached to "sale." The prefix comes ultimately from Latin "re-," which passed into English through Old French and Middle English, while "sale" is the ordinary English word for the act of exchanging goods for money.
Synonyms: retransactions, resells