Buy And Sell Agreement

Buy And Sell Agreement,

What Does Buy And Sell Agreement Mean?

A sale-purchase agreement is a legally binding agreement that sets out how a partner's share can be transferred if a partner dies or leaves the business. Often, a buy-sell agreement stipulates that the available shares will be sold to other partners or associates.

  • The purchase agreement specifies how the partner's share of the company can be transferred if the partner dies or leaves.
  • Purchase and sale agreements can also form a way to determine a company's pricing.
  • The two most common purchase and sale agreements are cross-purchase agreements and some purchase agreements combine the two.
  • The cross-purchase agreement allows the remaining owner to take a stake in the deceased owner or seller.
  • In a sales contract, the company must seek the interests of the seller's owner.

Literal Meanings of Buy And Sell Agreement

Buy:

Meanings of Buy:
  1. Receive in return for payment.

  2. Accept the truth about

  3. shopping.

Sentences of Buy
  1. Buy me new clothes

  2. Wine 49 was a good buy at 3.49

Synonyms of Buy

give one's stamp of approval to, give one's blessing to, rubber-stamp, concur in, assent to, accept, obtain, acquisition, holding, addition, make the purchase of, bargain, acquire, get, accede to, snap up, purchase, investment, possession, say yes to, make a purchase of, give one's seal of approval to, asset, bless, gain, pick up, acquiesce in

And:

Meanings of And:
  1. It is used to connect words to a single part of a language, clause or phrase that needs to be included.

  2. It is used to offer additional comments or penalties.

  3. It is used after some verb and after another verb to indicate intention instead of "verb".

  4. Boolean operator who returns if and only if all the work is the same and zero.

Sentences of And
  1. If it was an option and it was the worst, he would have left his parents

Synonyms of And

with, added to, together with, and, also, in addition to, not to mention, besides, along with, too, coupled with, including, as well as

Sell:

Meanings of Sell:
  1. Give or return (something) for money.

  2. Convince anyone of the benefits.

  3. Cheat or deceive (someone)

  4. Trying to sell or sell something.

  5. Frustration, usually due to being a victim of fraud.

Sentences of Sell
  1. They sell cars

  2. Selling the idea of ​​making a film about Tchaikovsky

Synonyms of Sell

outmanoeuvre, double-cross, get acceptance for, promote, mislead, gull, cheat, vending, bring someone round to, convince someone of the merits of, bamboozle, win approval for, hoax, dupe, talk someone into, delude, get support for, persuade someone to accept, catch out, take in, fool, get across, trade, outwit, deceive, trading

Agreement:

Meanings of Agreement:
  1. Harmony or agreement in opinion or sense of position or result of agreement.

Sentences of Agreement
  1. The government has not reached an agreement

Synonyms of Agreement

unison, harmony, unity, accordance, consensus, concord, concurrence, accord, rapport, like-mindedness, sympathy