'Bargain and sale' definitions:
Definition of 'Bargain and sale'
From: GCIDE
- Bargain \Bar"gain\, n. [OE. bargayn, bargany, OF. bargaigne, bargagne, prob. from a supposed LL. barcaneum, fr. barca a boat which carries merchandise to the shore; hence, to traffic to and fro, to carry on commerce in general. See Bark a vessel. ]
- 1. An agreement between parties concerning the sale of property; or a contract by which one party binds himself to transfer the right to some property for a consideration, and the other party binds himself to receive the property and pay the consideration. [1913 Webster]
- A contract is a bargain that is legally binding. --Wharton. [1913 Webster]
- 2. An agreement or stipulation; mutual pledge. [1913 Webster]
- And whon your honors mean to solemnize The bargain of your faith. --Shak. [1913 Webster]
- 3. A purchase; also ( when not qualified), a gainful transaction; an advantageous purchase; as, to buy a thing at a bargain. [1913 Webster]
- 4. The thing stipulated or purchased; also, anything bought cheap. [1913 Webster]
- She was too fond of her most filthy bargain. --Shak. [1913 Webster]
- Bargain and sale (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. --Blackstone.
- Into the bargain, over and above what is stipulated; besides.
- To sell bargains, to make saucy (usually indelicate) repartees. [Obs.] --Swift.
- To strike a bargain, to reach or ratify an agreement. "A bargain was struck." --Macaulay. [1913 Webster]
- Syn: Contract; stipulation; purchase; engagement. [1913 Webster]