Akademik

sale by description
sale by description ˌsale by desˈcription noun sales by description PLURALFORM [countable, uncountable] COMMERCE
a sale made under the agreed condition that the goods being sold are as they are described by their seller:

• Catalogue sales are a good example of a sale by description.

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sale by description UK US noun [C or U] (plural sales by description)
COMMERCE, LAW a sale that is made without the buyer seeing the goods and having only a description of them from the seller: »

In sales by description, there is an implied condition that the goods shall correspond with the description in the catalogue.


Financial and business terms. 2012.