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 ?
The buyer of the assets complies with the notice provision of the Bulk Sales Act by recording notice of the sale with the county recorder and publishing notice.
The trial court ruled in favor of Konica and Digitec, determining that compliance with the Bulk Sales Act precluded a claim under the Fraudulent Transfer Act, and dismissed the suit.
The Bulk Sales Act is part of the Uniform Commercial Code.