sales agreement

Noun
  1. An agreement (or contract) in which property is transferred from the seller (vendor) to the buyer (vendee) for a fixed price in money (paid or agreed to be paid by the buyer) (synset 106539842)
    "the salesman faxed the sales agreement to his home office"
    is a type of: agreement, understanding - the statement (oral or written) of an exchange of promises
    subtypes:
    • conditional sale - a sale in which the buyer receives title to the property only upon the performance of some condition (usually the full payment of the purchase price)
    • execution sale, forced sale, judicial sale, sheriff's sale - a sale of property by the sheriff under authority of a court's writ of execution in order satisfy an unpaid obligation
    same as: sale

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