A sale is a transaction between two or more parties in which goods or services are exchanged for money or other assets. In the financial markets, a sale is an agreement between a buyer and seller involving the price of a security and its delivery for agreed-upon compensation.
An item or service transferred by one party to another without an exchange of payment is not considered to be a sale, but rather a gift or a donation. Sales occur 24 hours a day, across the globe, in all kinds of industries and are a major part of the essential structure of commerce. A sale can also refer to the reduction in the price of a product or service in an attempt to attract buyers.
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