sale or return
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Sale or return is a purchasing arrangement where unsold goods may be returned to the supplier for credit or refund.
Common in bookselling and retail, it shifts inventory risk from the buyer to the seller: The bookshop stocks new titles on sale or return.
Also called sale or exchange.
The American equivalent is typically "on consignment."
- refundableAble to be repaid
- money backReimbursement for purchases
- consignmentBatch delivered for selling
- no obligationNo requirement to act
- risk of lossResponsibility for damage
title transfer · buyer · exchangeable · retail · shop floor · purchase · commerce · merchandise · unsold goods · credit note · restocking fee · wholesale · stock · inventory · contract clause · trial period · consignee · liability waiver