BUY AND SELL AGREEMENT
\bˈa͡ɪ and sˈɛl ɐɡɹˈiːmənt], \bˈaɪ and sˈɛl ɐɡɹˈiːmənt], \b_ˈaɪ_ a_n_d s_ˈɛ_l ɐ_ɡ_ɹ_ˈiː_m_ə_n_t]\
Sort: Oldest first
-
Both partnerships and director/shareholder controlled companies need agreements to help ensure a satisfactory disposal of shares in certain circumstances. The 'buy and sell' route is one such, where it is written into a wider agreement that in the event of death or retirement, one party will sell the business share, and another buy. A fixed agreement rather than an option.
By Henry Campbell Black
Word of the day
basidiomycota
- comprises fungi bearing the spores on basidium: Gasteromycetes (puffballs); Tiliomycetes (comprising orders Ustilaginales (smuts) and Uredinales (rusts)); Hymenomycetes (mushrooms; toadstools; agarics; bracket fungi); in some classification systems considered a division of kingdom comprises fungi bearing spores on a basidium; includes Gasteromycetes (puffballs) Tiliomycetes comprising the orders Ustilaginales (smuts) and Uredinales (rusts) Hymenomycetes (mushrooms, toadstools, agarics bracket fungi).
Nearby Words
- buxus
- buxus sempervirens
- buy
- buy american act
- buy and hold
- BUY AND SELL AGREEMENT
- buy and write
- buy at
- buy back
- buy back agreement
- buy food