bulk sale

listen to the pronunciation of bulk sale
English - Turkish
(Ticaret) toptan satış

Related Terms

bulk sales
(Ticaret) toptan satışlar
sale in bulk
(Ticaret) götürü satış
English - English
A bulk sale is a sale of goods by a business that represents all or substantially all of its inventory to a single buyer unless such a sale would be common in the ordinary course of its business. In order to protect the purchaser from claims made by creditors of the seller, the seller must usually complete an affidavit outlining its secured and unsecured creditors. The affidavit must usually be filed with a government department, such as a court office. Such procedures are outlined in the bulk sales act of most jurisdictions. If the buyer does not complete the registration process for a bulk sale, creditors of the seller may obtain a declaration that the sale was invalid against the creditors and the creditors may take possession of the goods or obtain judgment for any proceeds the buyer received from a subsequent sale
sale of a large quantity of goods to a single buyer; sale of all the property owned by a business
bulk sale
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