Meaning of “sell sth on” in the English Dictionary

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"sell sth on" in Business English

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sell sth on

phrasal verb with sell uk /sel/ us verb sold, sold

FINANCE, COMMERCE to sell something that you have bought to someone else:

They planned to buy the group, restructure it, and sell it on.
sell sth on to sb The bank buys the house for the client and then sells it on to him for a higher price.

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