释义 |
bulk sale
bulk salen. the sale of all or a large part of a merchant's stock as well as equipment. This generally applies to retailers, restaurants, and other businesses with inventories. (See: bulk sales acts) bulk sale
Bulk SaleThe sale of a large number of real estate properties at the same time as if they were one unit. The properties are not connected and usually have nothing in common except that they are sold in the same transaction. Bulk sales developed as a way to divest oneself of a real estate investment.bulk saleTransfer of all or substantially all the assets of a business. Some states have bulk sales laws requiring notice to creditors before any such sales,so that a debtor may not liquidate all assets, pocket the money,and leave creditors holding the bag. |