Sales

Sales

A sale is the act of selling a product or service in return for money or other compensation. It is an act of completion of a commercial activity.

The seller or salesperson – the provider of the goods or services – completes a sale in response to an acquisition or to an appropriation or to a request. There follows the passing of title (property or ownership) in the item, and the application and due settlement of a price, the obligation for which arises due to the seller's requirement to pass ownership. Ideally, a seller agrees upon a price at which he willingly parts with ownership of or any claim upon the item. The purchaser, though a party to the sale, does not execute the sale, only the seller does that. To be precise the sale completes prior to the payment and gives rise to the obligation of payment. If the seller completes the first two above stages (consent and passing ownership) of the sale prior to settlement of the price, the sale remains valid and gives rise to an obligation to pay.

Read more about Sales:  Sales Techniques, Sales Agents, The Relationships Between Sales and Marketing, Sales and Marketing Alignment and Integration

Other articles related to "sales":

Laptop - Sales
... For Microsoft Windows systems, the average selling price (ASP) showed a decline in 2008/2009, possibly due to low-cost netbooks, drawing US$689 at U.S ... retail in August 2008 ...
Pokémon Ruby And Sapphire - Reception - Sales
... of release and were the best-selling games of the 2002 holiday season sales totaled around 4.4 million within six weeks of release ... This was reflected in the games' sales compared to those of previous generations Red and Blue sold nearly 27 million units worldwide, and Gold and Silver sold a little over 14 ...
Citroën SM - Demise
... Peugeot decided to stop building the SM, as sales were minimal in that year ... While the oil shock certainly affected sales, it is useful to note that many far more profligate cars were introduced at the same time the SM ceased production ... As illustrated under production numbers, SM sales declined starting in 1972 ...
Vogue (Madonna Song) - Chart Performance
... also the best-selling single of 1990 with sales of more than two million, and has sold more than six million copies worldwide to date ... massive airplay and sales demand in response to the popular music video in April 1990 made way for "Vogue"'s number 39 debut in the week of April 14 ... platinum by the Recording Industry Association of America (RIAA) for sales of two million copies of the physical single across United States ...
Union Camp Corporation - Company Creation - The Merger
... With Union Bag company having sales of $123,031,000 and owning over a million acres (4,000 km²) of timber, it was surprising that the Camps negotiated as ...

Famous quotes containing the word sales:

    The elephant, not only the largest but the most intelligent of animals, provides us with an excellent example. It is faithful and tenderly loving to the female of its choice, mating only every third year and then for no more than five days, and so secretly as never to be seen, until, on the sixth day, it appears and goes at once to wash its whole body in the river, unwilling to return to the herd until thus purified. Such good and modest habits are an example to husband and wife.
    —St. Francis De Sales (1567–1622)

    The damned are in the abyss of Hell, as within a woeful city, where they suffer unspeakable torments, in all their senses and members, because as they have employed all their senses and their members in sinning, so shall they suffer in each of them the punishment due to sin.
    —St. Francis De Sales (1567–1622)

    Make friends with the angels, who though invisible are always with you.... Often invoke them, constantly praise them, and make good use of their help and assistance in all your temporal and spiritual affairs.
    —St. Francis De Sales (1567–1622)