Resell

/ˌriːˈsɛl/

Meaning & Definition

verb
To sell something again after purchasing it.
After buying the limited edition sneakers, he decided to resell them online for a higher price.
To sell a product or service that has been purchased from another seller.
She plans to resell the vintage clothing she bought at the thrift store.
To market an item that is typically sold by someone else.
Many companies resell software licenses to their clients.
To sell goods acquired from a manufacturer or supplier at a markup.
The entrepreneur aimed to resell the imported electronics at a profit.

Etymology

The prefix 're-' meaning 'again' combined with 'sell' from Old English 'sellan'.

Common Phrases and Expressions

buy and resell
To purchase an item and then sell it for profit.
resell market
A secondary market where items are sold again.
flipping
Buying an item to quickly resell it for a profit.

Related Words

retailer
A person or business that sells goods to the public.
distributor
An agent who supplies goods to stores and other businesses.
markup
The amount added to the cost price of goods to cover overhead and profit.

Slang Meanings

Flipping
He made quick cash by flipping sneakers he bought at retail.
Resell game
She's really into the resell game, buying exclusive products just to sell them for profit.