Guaranteed Sale
Merchandise which the buyer pays for, but has the privilege of returning what he or she is not able to sell, receiving a refund. Asset-based lenders are wary of this type of sale, guaranteed sales are not final.
Merchandise which the buyer pays for, but has the privilege of returning what he or she is not able to sell, receiving a refund. Asset-based lenders are wary of this type of sale, guaranteed sales are not final.
Related Definitions |
Recent Definitions |