buy-and-sell agreement Meaning in the Cambridge English Dictionary

Meaning of “buy-and-sell agreement” in the English Dictionary

"buy-and-sell agreement" in Business English

See all translations

buy-and-sell agreementnoun [C]

uk   us   LAW
an ​agreement saying that the remaining ​partners of a ​company will ​buy the ​part of a ​companyowned by a ​partner who dies, becomes unable to ​work, or ​wants to ​sell: A buy-and-sell ​agreement will ​protect the ​business from ​collapse if a ​partner dies.
PROPERTY a written ​agreement between a ​buyer and a ​seller of a ​building or ​land that says what each of them must do to make the ​sale: Drafting a proper buy-and-sell ​agreement for the ​purchase or ​sale of ​realestate can ​help you ​avoid problems in the future.
(Definition of buy-and-sell agreement from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of buy-and-sell agreement?
Add Cambridge dictionaries to your browser to your website

“buy-and-sell agreement” in Business English

Word of the Day

nothing of the kind

used to emphasize a negative statement

Word of the Day

There is no such thing as a true synonym in English. Discuss!
There is no such thing as a true synonym in English. Discuss!
by Kate Woodford,
November 25, 2015
In the Cambridge Advanced Learner’s Dictionary the word ‘synonym’ is defined as ‘a word or phrase that has the same or nearly the same meaning as another word or phrase in the same language’. As you might expect, definitions for this word are broadly similar in other dictionaries and yet the italicized

Read More 

climatarian adjective
climatarian adjective
November 23, 2015
choosing to eat a diet that has minimal impact on the climate, i.e. one that excludes food transported a long way or meat whose production gives rise to CO2 emissions Climate change is not normally on people’s minds when they choose what to have for lunch, but a new diet is calling for

Read More