Sale On Approval Definition
A transaction (usually involving goods) in which the buyer is permitted to use goods for a period, and then return them if they do not meet the buyer’s needs or expectation, even though the goods are not defective. If the goods were delivered for resale, the transaction is a sale and return or a consignment.
Webster's New World Law
(countable) A sale under this mechanism.
Other Word Forms of Sale On Approval
Singular:sale on approval
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