lost volume seller

Definition of "lost volume seller"
  1. Refers to a seller who manages to sell to a new buyer after a previous buyer violates a sales contract, while still having had the capacity to sell to the second buyer even if the initial agreement had been followed
How to use "lost volume seller" in a sentence
  1. In the case of a lost volume seller, even if the initial buyer had not breached the contract, the seller could have still sold to the second buyer.
  2. The company is considered a lost volume seller because it was able to sell the product to another customer, regardless of the first customer's contract breach.
  3. After the breach of contract by the original purchaser, the lost volume seller successfully negotiated a deal with an additional buyer they could have engaged even if the first sale had occurred.

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