The selling of a good to another party after having purchased it.

Use resale in a sentence

The company he ran was a resale business; he purchased goods at a wholesale price, and then resold them to the market a higher price.

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People who buy foreclosed houses and do some renovations and improvements, before selling the house, make their money through resale of homes.

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The sales manager was haggling over the resale prices of slightly imperfect clothing; however, he was unable to come up with an acceptable resale price.

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