Buy/sell Agreement Definition:
Buy/sell Agreement refers to An agreement between the members of a company that governs the continuity of business through an agreement in which each principal agrees that, in the event of death, his property will be sold back to the business entity for a specified amount. Will Depending on the business factors, the value can be determined as a variable or a variable value. These agreements are usually financed by life insurance.
An agreement between a business owner to buy stock from a disabled or deceased owner. The price of each owner's participation in the business and the appropriate terms of the buying and selling process are determined before the onset of death or disability.
Literal Meanings of Buy/sell Agreement
Meanings of Buy:
Payment should be reimbursed.
Accept the truth about
Sentences of Buy
Buy me new clothes
Wine 49 was a good buy at 3.49
Synonyms of Buy
purchase, make a purchase of, make the purchase of, acquire, obtain, get, pick up, snap up, accept, agree to, consent to, assent to, acquiesce in, concur in, accede to, give one's blessing to, bless, give one's seal of approval to, give one's stamp of approval to, rubber-stamp, say yes to, deal, bargain, investment, acquisition, addition, gain, asset, possession
Meanings of Sell:
Give or return (something) for money.
Convince anyone of the benefits.
Cheat or deceive (someone)
Trying to sell or sell something.
Disappointment, usually due to some glitches in the business.
Sentences of Sell
They sold the car
Sells the idea of making a film about Chachowski
Synonyms of Sell
vending, selling off, auctioning, trading, trade, trade in, persuade someone to accept, convince someone of the merits of, talk someone into, bring someone round to, win someone over to, get acceptance for, win approval for, get support for, get across, promote, deceive, delude, hoodwink, mislead, take in, dupe, fool, double-cross, cheat, defraud, swindle, outwit, outmanoeuvre
Meanings of Agreement:
Consensus or opinion or feeling about a position or agreement or the result of an agreement
Sentences of Agreement
The government has not reached an agreement
Synonyms of Agreement
accord, concurrence, consensus, harmony, accordance, unity, unison, concord, like-mindedness, rapport, sympathy