resale

noun

re·​sale ˈrē-ˌsāl 

(ˌ)rē-ˈsāl

1

: the act of selling again usually to a new party

2

a

: a secondhand sale

b

: an additional sale to the same buyer

Examples of resale in a Sentence

They earned thousands of dollars on resales of the baseball tickets.

He buys baseball collectibles and then holds them for resale.

The resale price of the car is $8,000.

Recent Examples on the Web

Within its own universe, metaverse gaming platform Roblox is teeming with life: Its almost 78 million daily active users are organizing hunger strikes over in-game payment systems and have built art marketplaces and resale markets. —Sasha Rogelberg, Fortune, 9 May 2024

The consumer protection bill focuses on the sale and resale of live event tickets and was supported by the Recording Academy, National Independent Venue Association (NIVA), National Independent Talent Organization (NITO), Eventbrite and more. —Taylor Mims, Billboard, 9 May 2024

Word History

First Known Use

1598, in the meaning defined at sense 1

Kids Definition

resale

noun

re·​sale ˈrē-ˌsāl 

(ˈ)rē-ˈsā(ə)l

: the act or an instance of selling again

Legal Definition

resale

noun

re·​sale ˈrē-ˌsāl, ˌrē-ˈsāl 

: the act or an instance of selling again

specifically : the selling of goods again by the same seller by right and after a breach by the original buyer

a purchaser that buys in good faith at a resale takes the goods free of any rights of the original buyer

—Uniform Commercial Code

resalable

ˌrē-ˈsā-lə-bəl 

adjective