bulk sale

(redirected from Bulk sales act)
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bulk sale

n. 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)

References in periodicals archive ?
In order to comply with Canada's Bulk Sales Act, Handleman paid all of its trade accounts payable concurrent with the transaction closing.
In response to numerous shareholder enquiries with respect to the impending purchase of the assets of American Production Machining ("APM") under the Bulk Sales Act, the Company would like to clarify the process of finalizing this purchase.