Definition

Verb: To sell an item again after having purchased it. This implies the seller is not the original producer or first seller, but has acquired the item with the specific intention or subsequent decision to sell it onward.

Usage and Examples

The verb "resell" is used to describe the action of selling a previously purchased item. It often implies a commercial transaction where the seller acts as an intermediary.

• He buys vintage furniture, restores it, and then resells it for a profit.
• Tickets for the concert were bought quickly by bots and then resold at much higher prices.
• The company purchased the software license but decided not to use it, so they are trying to resell it to another firm.

Advanced Usage and Nuances

• Commercial Context: "Resell" is frequently used in business contexts involving wholesalers, distributors, and retailers who buy products from manufacturers to sell to consumers. It can also refer to the secondary market for goods like electronics, collectibles, or event tickets.
• Implicit Condition: The term often carries an implicit understanding that the item is being sold in a similar condition as purchased, though it may have been used, refurbished, or simply held in inventory.

Variants and Related Words

• Reseller (noun): A person or company that sells goods they have purchased from another source.
  • She runs a successful business as an online reseller of designer clothing.
• Resale (noun): The act of selling something again, or the market for such items.
  • The resale value of the car is very high.

Synonyms

• Sell on: To sell something one has bought to another person.
• Trade: To exchange or deal in commodities (can imply buying and selling).
• Flip (informal): To buy something and quickly resell it for profit.

Antonyms

• Buy: To acquire something by payment.
• Purchase: A more formal term for buying.
• Retain: To keep or continue to have something.

Related Phrases and Contexts

• Resell price: The price at which an item is offered for resale.
• For resale: A description indicating an item is intended to be sold again.
  • The products were purchased for resale in their retail stores.
• Secondary market: The economic environment where previously owned or used items are resold.

Verb

1. sell (something) again after having bought it