Definition, Meaning & Synonyms

resale

noun

/ˈriːseɪl/

Definition

the act of selling an item again after it has already been purchased.

Examples

Many people buy products at a low price and then list them for resale at a higher price.
The resale of concert tickets has become a controversial practice.
He made a profit from the resale of his vintage collectible items.

Meaning

Resale refers to the process of selling goods that were originally bought by someone else. This can happen in different markets such as retail, online platforms, or auctions.