sale or return
"Sale or return" is a business arrangement that allows retailers to minimize risk by only paying for items that are sold, with the option to return unsold goods to the supplier.
🇺🇸 US Voice:
🇬🇧 UK Voice:
Definition
C1Commerce
(formal, business)An agreement where a retailer only pays for items that are sold and can return unsold items to the supplier.
Example
- The bookstore operates on a sale or return basis, meaning they can return any unsold copies to the publisher.
B2Retail
(business, transaction)A business deal allowing a buyer to return unsold goods to the seller within a set period for a refund or credit.
Example
- The clothing store prefers sale or return arrangements to reduce inventory risk.
Similar
Terms that have similar or relatively close meanings to "sale or return":