Bargain and sale - definition of Bargain and sale by The Free Dictionary
Bargain and sale
Also found in: Legal
|(Law) ||a species of conveyance, by which the bargainor contracts to convey the lands to the bargainee, and becomes by such contract a trustee for and seized to the use of the bargainee. The statute then completes the purchase; i. e., the bargain vests the use, and the statute vests the possession.|
See also: Bargain
References in classic literature
During that term he was to be the property of his master, and as much a commodity of bargain and sale
as an ox, or a joint-stool.
Poulterers' and grocers' trades became a splendid joke; a glorious pageant, with which it was next to impossible to believe that such dull principles as bargain and sale
had anything to do.