Resale

usgb/ˈriːseɪl/
noun

The action of selling something that you bought.

He bought the paintings with the hope of making a profit on resale.
Visual representation of "resale" - The action of selling something that you bought

Often appears as...

  • resale value
  • resale price
Definition 1 of 1
Visual representation of "resale"
LampPro Tip 1/3

Economic Term

Used in business and commerce to describe the business of buying and selling goods.

Illustration for Economic Term
Companies that deal in the resale of electronics have to compete with original manufacturers.
LampPro Tip 2/3

Market Value

Resale usually implies selling used items. They might be sold at a value different from the original price.

Illustration for Market Value
The resale of my old camera couldn't cover the cost of a new one.
LampPro Tip 3/3

Profit Intent

Sometimes involves buying items with the intention of selling them later for profit.

Illustration for Profit Intent
His collection of vintage wine increased in value, leading to substantial earnings upon resale.
Visual representation of the word "Resale"

Never forget "Resale"

Humans forget easily. That's why you should download WordUp: Smart reminders, word games, AI practice, and much more!

Download on the App StoreGet it on Google PlayGet it from MicrosoftGet it on AppGallery
Chrome

WordUp Chrome Extension

As you browse the web instantly look up words you don’t know.

Get Chrome Extension
Back to top