Resale
/ˌriːˈseɪl/
Definitions
The selling of something that has been sold before.
/ˌriːˈseɪl/
The act of selling something again, especially to someone who has already bought it.
The concert tickets were available for resale at a much higher price.
💡 Simply: Imagine you bought a cool toy and then decided you didn't like it. Resale is when you sell that toy to someone else. It's like a second chance to sell something!
👶 For kids: Selling something again after you already bought it.
More Examples
We are looking at the resale potential of the shares.
The resale market for vintage cars is booming.
How It's Used
"The company specializes in the resale of high-end electronics."
"The resale value of the property appreciated significantly."
"The secondhand market is a popular place for resale of designer clothing."
From re- (again) + sale. The word came into use in the late 19th and early 20th centuries, reflecting the growth of commerce and the need to describe subsequent transactions after an initial sale.
The term 'resale' began to appear in business contexts in the late 19th century, particularly regarding commodities and real estate.
Memory tip
Re (again) + Sale (selling). Think of a second sale.
Word Origin
"The act of selling something"