bulk sale. A sale of a large quantity of inventory outside the ordinary course of the seller’s business. • Bulk sales are regulated by Article 6 of the UCC, which is designed to prevent sellers from defrauding unsecured creditors by making these sales and then dissipating the sale proceeds. — Also termed bulk transfer. [Cases: […]
Bulk Sales Acts 〈美〉《大宗销售法》 一种通过防止私自大宗转让或销售库存来保护债权人的法律规定。如果在正常经营活动以外销售货物的绝大部分或全部，卖方应该向买方提交卖方债权人的名单，买方应提前通知债权人有关该销售事项。否则，对债权人而言，这种销售即构成欺诈并归于无效。在某些州，《大宗销售法》已由《统一商法典》〔U.C.C.〕第6篇取代。
bulk sale (1)大宗销售；大宗转让 在美国，指企业非在正常经营业务过程中将其大部分原材料、供货、商品及其它库存等进行大宗转让。这种销售受美国《统一商法典》〔U.C.C.〕第6篇的调整，以保护转让方的债权人。 (2)批量销售；估堆销售 在一项交易中，将绝大部分库存货物或商品转让给一个人。例如，在企业破产清算时将其资产整批转让。
The price that a retailer pays for goods purchased (usu. in bulk) from a wholesaler for resale to consumers at a higher price.
A liquidation occurring within 12 months from adoption of the liquidation plan to complete liquidation, subject to a tax law prohibiting the company from recognizing any gains or losses on property sold within that time frame. • Generally, inventory will not be included unless a bulk sale occurs. IRC § 337. [Cases: Internal Revenue 3698,
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liquidation, n. 1. The act of determining by agreement or by litigation the exact amount of something (as a debt or damages) that before was uncertain. 2. The act of settling a debt by payment or other satisfaction. 3. The act or process of converting assets into cash, esp. to settle debts. one-month liquidation. A
discount, n. 1. A reduction from the full amount or value of something, esp. a price. 2. An advance deduction of interest when a person lends money on a note, bill of exchange, or other commercial paper, resulting in its present value. See PRESENT VALUE. 3. The amount by which a security’s market value is
per aversionem (p[schwa]r [schwa]-v[schwa]r-zhee-oh-n[schwa]m). [Latin “for a lump sum”] Roman & civil law. Of or relating to a sale in which goods are taken in bulk or land is bought by estimation of the number of acres. • This type of sale is so called because the buyer “turns away” from a careful scrutiny of