Seller
51Seller's Call — An agreement between a buyer and a seller for a specific grade and quantity of commodity that allows a period of time for the seller to set the price a fixed number of points above (or below) a specified delivery month s futures price. Also known …
52seller's market — noun a market in which more people want to buy than want to sell • Syn: ↑sellers market • Hypernyms: ↑market, ↑marketplace, ↑market place * * * sellers’ market or seller s market noun One in which sellers control the price, deman …
53Seller Financing — A real estate agreement where financing provided by the seller is included in the purchase price. It is also known as a purchase money mortgage. A purchase money mortgage is a mortgage given to the seller as part of the buyer s consideration for… …
54Seller-Paid Points — Any points paid by the seller of a home for the buyer. Seller paid points are always deducted by the purchaser of the home. These points are offered as a purchase incentive for the prospective buyer and can provide the buyer with a lower rate as… …
55Seller's Option — The right of a forward contract seller to choose some of the specifications of a commodity to be delivered. The choices about the delivered commodity s quality and delivery specifications must fit among the limits imposed by the terms of the… …
56seller's points — In reference to a loan, seller s points consist of a lump sum paid by the seller to the buyer s creditor to reduce the cost of the loan to the buyer. This payment is either required by the creditor or volunteered by the seller, usually in a loan… …
57seller's talk — A seller s remarks respecting the quality of the goods offered for sale. 46 Am J1st Sales § 89. Statements which, although exaggerated as to value, quality, etc., are such as to be expected of a seller under universal commercial practices and… …
58seller's market — noun An excess of demand over supply, leading to abnormally high prices; a market condition favoring the seller. Pay any price you have to. Were in a sellers market right now. See Also: buyers market, seller, market …
59Seller's option — Option Op tion, n. [L. optio; akin to optare to choose, wish, optimus best, and perh. to E. apt: cf. F. option.] 1. The power of choosing; the right of choice or election; an alternative. [1913 Webster] There is an option left to the United… …
60seller's option — (on the New York Stock Exchange) a special transaction that gives the seller the right to make late delivery of a security within a specified period, ranging from 5 to not more than 60 business days for stocks. [1930 35] * * * …
