Resold

To sell something again, typically after having previously sold it or acquired it. This action implies a change in ownership and often a financial transaction. The item resold may be new or used, tangible or intangible. It is a common practice in various markets, including retail, wholesale, and even online platforms. The act of reselling is driven by opportunities for profit, the desire to circulate goods, or the need to dispose of unwanted items. The price at which the item is resold may be higher, lower, or the same as the original purchase price, depending on various factors such as market demand and the item's condition.

Resold meaning with examples

• The antique shop purchased the vintage clock at a low price and later resold it to a collector for a significant profit. The clock's rarity and excellent condition contributed to its increased value in the specialized market, making its resale a profitable venture.
• After the concert, scalpers resold the sought-after tickets at inflated prices, capitalizing on the high demand from fans who were eager to attend the event, and willing to pay significantly more.
• Due to financial constraints, she decided to resold her designer handbag, she listed it on an online marketplace where its high quality, and pre-owned nature made it a sought-after item for others to buy.
• The company that manufactures these products, often buys in bulk, so they can sell a high volume of the product to stores, who then resold them to customers; their success depends on reselling it.
• He bought a limited edition action figure from the store but realized that his current financial issues made him want to resold it through an online auction and, due to its rarity, earned a substantial amount of money.