Sales Contract
Business Dictionary:
Sales Contract
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Sales Contract
A real estate sales contract by which a buyer and a seller agree to the terms to the sale of real property.
EXECUTED SALES CONTRACT - A contract where all the terms have been successfully completed by the buyer ...
EXECUTION - The process of completing an order to buy or sell securities. Once a trade is executed, it ...
conditional sales contract
agreement commonly used in real estate finance and commercial finance, whereby the seller retains title to the equipment through a purchase money security interest.
Conditional sales contracts
Similar to equipment trust certificates except that the lender is either the equipment manufacturer or a bank or finance company to whom the manufacturer has sold the conditional sales contract. ...
Installment Sales Contract
A contract for the sale of property in which the buyer receives possession of the property, but not title to it, upon signing the contract.
Sales Contract
Contract between a seller and buyer for the sale of goods, services, or both.
Sales Contract
A legal written document that details the agreed upon conditions between a seller and a buyer regarding the sale of a specific property. Also called an "Agreement of Sale." ...
Can a sales contract signed in Turkey by an Australian be binding under Australian law and if breached by the buyer can seller apply the conditions and penalties under Australian law ie claim loss ...
Sales Contract vs. Construction Contract: The construction of the buildings or improvements to the real property did not have to be the primary subject matter of the contract in order for a taxpayer to use the percentage of completion method.
Under a sales contract, whether written or oral, there is a guarantee that the item sold is merchantable and fit for the purpose intended.
Ratified Sales Contract - A contract that shows both you and the seller of the house have agreed to your offer.
The part of a sales contract that indicates the point at which title and risk of loss of merchandise pass from the seller to the buyer. See: Incoterms.
Terms of sale ...
A kind of forward sales contract which requires the buyer to pay in advance for goods that are to be supplied later.
Retail installment sales contracts, often for automobiles, that are sold or pledged to a third party, usually a financial institution. See chattel paper.
debentures ...
Incoterms Trade terms used worldwide to specify seller and buyer obligations in shipments against international sales contracts. These terms are adopted by the International Chamber of Commerce (ICC) for international movement of merchandise.
installment sales contract Contract in which the buyer takes possession of the property immediately but... Instinet Abbreviation for Institutional Networks Corporation, which is the name for one...
An international commercial term (Incoterm), meaning "free on board," used in international sales contracts. In an FOB contract, a buyer and a seller agree on a designated FOB point.
An abbreviation used in some international sales contracts, when imports are valued at a designated point, as agreed between buyer and seller, that is considered "Free on Board.
Long-term sales contract: the off-taker agrees to take agreed-upon quantities of the product from the project.
"Ex Quay" means that the seller makes the goods available to the buyer on the quay (wharf) at the destination named in the sales contract. The seller has to bear the full cost and risk involved in bringing the goods there.
A UN convention establishing uniform legal rules for the drafting of international goods sales contracts and covering the rights and obligations of the parties.
For larger items such as your home, you should have retained the sales contract or closing documents in your safe-deposit box, but for furniture, cars, clothing, household items etc., it's quite impractical to save every sales slip.
A term used in sales contracts when market prices are so volatile that a vendor will not give a firm price or use an escalator clause but will only agree to charge the price charged other customers for similar purchases on the day he ships or ...
An abbreviation (for "free on board") used in international trade statistics and sales contracts; a method of valuing traded goods that includes the cost of transportation to the port of embarkation and the cost of loading the goods on a vessel, ...
Kick-out Clause
Sales contract clause, which allows a seller to accept a contingent offer and then back out to accept a second and better offer without penalty.
Industrial Revenue Bond - A bond secured by lease rental or sales contract payments from private enterprise, for facilities financed by a municipality.
Installment - The periodic loan payment that a borrower agrees to pay to a lender.
Cost-plus contract: A sales contract in which the sales price is a function of the cost of making the product or providing the customer the service.
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N.B.2 The same concepts can and should be applied to sales contracts, sales forecasts (projected)
N.B.3. The computer could be asked to extract only contracted costs and then sort the extracted data.
When an item is approved and released for sale, or when a policy or sales contract is accepted.
Issue Age
Age of an insured as at the policy issue date, using "age nearest" next birthday formula.
Terms of Delivery
The part of a sales contract that indicates the point at which title and risk of loss of merchandise pass from the seller to the buyer. See: Incoterms.
It has specialists to process orders in 1000 or so stocks and bonds and also trades what are known as options and derivatives, various sales contracts conditioned on some future value of a stock or bond.
Free on Board (FOB)
The goods are placed on board the vessel by the seller at the port of shipment specified in the sales contract. The risk of loss or damage is transferred to the buyer when the goods pass the ship's rail.
The seller's obligations are fulfilled when the goods have arrived at the frontier-but before "the customs border" of the country named in the sales contract.
Delivered Duty Paid ...
Counter Offer: a rejection to all or part of a purchase offer that negotiates different terms to reach an acceptable sales contract.
In some locales it is viewed synonymously with the Binder. Other places consider it as an additional deposit towards the purchase. Here, the amount can be quite large. Often it would accompany a signed sales contract prior to the closing or ...
The Convention also rules on the contracts modifying an international sales contract, on preliminary contracts, and - according to some scholars - on supply contracts. Article 2 consists of a list of contracts explicitly excluded.
 See also: Expense, Banks, Values, Bills, Settlement Date
  
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