bulk sale


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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 ?
GAIA Real Estate has acquired 90 condo units in a bulk sale for $52.5 million from the original sponsor at Bridge Tower Place, a luxury condo building on the Upper East Side.
The second round on February 19 would be 'for the bulk sale of 438 residential lots located in Green Farm Royale Subdivision, Barangay Pulong Bunga, Silang, Cavite.' The bulk sale involves a total lot area of 94,514 sq m.
Seller started another business and wants to bulk sale the balance of this inventory immediately.
The RFP said, "The SUUTI intends to sell its holdings of equity shares in various companies through the offer for sale (OFS), block sale, bulk sale, regular sale in the stock exchange or any such other mechanism."
Many tax professionals who consult on transactions involving the sale of a New York business operation often overlook the state's bulk sale notification requirements, which could represent a trap for the unwary.
A sale of any one or more of these components constitutes a bulk sale. The buyer may be held liable for the seller's income tax if the buyer does not notify the state by following the bulk-sale notification procedures outlined in the statute (see 86 Ill.
From the South Florida website: A six-month-old law designed to spur the bulk sale of troubled condo projects throughout the state has been credited with about $1 billion in property sales, according to an author of the legislation.
This "sell-through" method typically produces a much higher gross recovery than a bulk sale, since a portion of the finished goods are sold at a higher percentage of cost and, in some cases, at a profit margin.
The local company which purchased the bottles of Veuve Cliquot received a bulk sale discount on the order from S.H.
The risk of a transferee running off with the bulk sale proceeds leaving creditors high and dry has been greatly reduced.
One common type of transaction that, surprisingly, has never been addressed by the courts is the bulk sale of inventory.
The companies added that the bulk sale included a large quantity of machines, equipment and systems used in the recycling of catalytic converters.