absolute sale

Definition of "absolute sale"
  1. A transaction where the buyer obtains complete ownership of an asset or property once the purchase price has been paid, with no clauses or conditions attached
How to use "absolute sale" in a sentence
  1. The antique was acquired by the museum in an absolute sale, granting it full ownership.
  2. Despite being a high-risk asset, the property was put up for an absolute sale, leaving no room for contingencies.
  3. The car dealership offered an absolute sale on the slightly damaged vehicles, transferring the title to the buyers upon full payment.

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