seller, unpaid

seller, unpaid

Collins dictionary of law. . 2001.

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  • unpaid seller — a seller of goods is an unpaid seller within the meaning of the Sale of Goods Act 1979 when the whole price has not been paid or tendered or when a bill of exchange or other negotiable instrument has been received as conditional payment and the… …   Law dictionary

  • seller's lien — ➔ lien * * * seller s lien UK US noun [C] LAW ► an official rule that allows a seller to take property back from a customer who has not paid for it: »The printer claimed an unpaid seller s lien …   Financial and business terms

  • Delivered Duty Unpaid — ( DDU) Seller fulfills the contract obligations when the goods have arrived at a named place in the importing country. The seller bears all the costs and risk except for import duties and other customs clearance costs. Bloomberg Financial… …   Financial and business terms

  • Delivered Duty Unpaid — (DDU) is an Incoterm. It means that the seller delivers the goods to the buyer to the named place of destination in the contract of sale. The goods are not cleared for import or unloaded from any form of transport at the place of destination. The …   Wikipedia

  • Delivered Duty Unpaid - DDU — A transaction in international trade where the seller is responsible for making a safe delivery of goods to a named destination, paying all transportation expenses but not the duty. The seller bears the risks and costs associated with supplying… …   Investment dictionary

  • Delivered Duty Unpaid — noun Meaning the seller delivers the goods to the named destination, and pays for all transportation expect for the unloading, duty and the further transportation to a named place in the country of import, which is the responsibility of the buyer …   Wiktionary

  • Lien — For other uses, see Lien (disambiguation). Property law …   Wikipedia

  • lien — / lēn/ n [Anglo French, bond, obligation, literally, tie, band, from Old French, from Latin ligamen, from ligare to bind]: a charge or encumbrance upon property for the satisfaction of a debt or other duty that is created by agreement of the… …   Law dictionary

  • resale — re·sale / rē ˌsāl, ˌrē sāl/ n: the act or an instance of selling again; specif: the selling of goods again by the same seller by right and after a breach by the original buyer a purchaser who buys in good faith at a resale takes the goods free of …   Law dictionary

  • Incoterms — National Incoterms chambers. The Incoterms rules or International Commercial terms are a series of pre defined commercial terms published by the International Chamber of Commerce (ICC) widely used in international commercial transactions. A… …   Wikipedia

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