resale
n.the act of selling something again, usually after you have bought it from someone else. People often think about this when they want to know how much money they can get for their used car or house.
n.the act of selling an item or property that has previously been purchased. Often used in commercial or legal contexts to describe the secondary market value of goods.
“The car has a very high resale value.”
“The contract includes a clause that prevents the resale of the tickets for a profit on third-party websites.”
“Investors often prioritize properties in developing neighborhoods because the potential for a high resale price outweighs the initial maintenance costs and property taxes.”
Often appears as a modifier in compound nouns like 'resale value' or 'resale price'.
“The focus since has switched to younger and cheaper options who offer resale value.”