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12:04 Feb 28, 2017 |
English to Arabic translations [PRO] Law/Patents - Law (general) / law | |||||||
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| Selected response from: Menna Ebied Egypt Local time: 21:04 | ||||||
Grading comment
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Summary of answers provided | ||||
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2 +2 | Seller buyback / Buyback |
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3 +1 | Sale with option to repurchase |
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4 | leviable due vending |
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Discussion entries: 2 | |
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Seller buyback / Buyback Explanation: What Is Seller Buyback? A “seller buyback” applies to any situation where a seller agrees in advance of a sale to buy back, or repurchase, an item of value from the buyer. Seller buybacks can refer to real estate, equipment or even insurance transactions. Sellers typically offer to repurchase an item to facilitate the sale or alleviate concerns. Buybacks usually exist for either a set period of time or under certain conditions. Buyback Defined A “buyback” occurs when a seller sells an item and then buys it back from the purchaser. A buyback is a contract provision in which the seller agrees outright to repurchase the item or property at a predetermined price if or when a particular event occurs. Alternatively, the provision may give the seller the right, but not the obligation, to repurchase under the specified conditions. This right is similar to a right of first refusal. In the case of an insurance policy, a buyback clause would state that the insurer will reinstate coverage if the insured individual or property meets certain conditions. http://finance.zacks.com/seller-buyback-11079.html ***************************************** والله أعلم |
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