Meaning of “contract to sell” in the English Dictionary

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"contract to sell" in Business English

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contract to sellnoun [ C, usually singular ]

uk us plural contracts to sell COMMERCE

a formal agreement in which a person, company, etc. agrees to sell something to a buyer at a time in the future, and the buyer agrees to buy it:

A conditional contract is similar to a normal contract to sell, except that the contract is subject to the fulfilment of certain conditions.

(Definition of “contract to sell” from the Cambridge Business English Dictionary © Cambridge University Press)