Bill of sale

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Updated: Aug 20, 2021

A document transferring title to goods (other than real property) absolutely or conditionally to another person. possession remaining with the person making the transfer. It is often used to raise money – the borrower retakes the title ivhen he repays the money. Bills of sale must be registered and are subject to the Bills of Sale Acts 1878 and 1882.

Reference: The Penguin Business Dictionary, 3rd edt.



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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.