See Also: SALE AND RETURN(law)
pleat(2)(dictionary)
pleat(1)(dictionary)
pleat(dictionary)
French pleat(dictionary)
SLD last sale(finance)
Sale(finance)
SLD last sale(money)
Sale(encyclopedia)
sale(2)(dictionary)

pleat(1) (iou) and SALE AND RETURN (law)


pleat(1) (iou)



pleat noun. [pli:t] LME.
[By-form of PLAIT noun.]
= PLAIT noun 2. obsolete exc. Scot. and in French pleat s.v. French adjective. LME.
A fold of cloth or drapery. Now esp. any of a series of folds held in place along one edge by pressing, stitching, etc., by which part of a garment or piece of fabric is regularly and symmetrically taken in. Freq. with specifying word, as box pleat, knife pleat, etc. Cf. PLAIT noun 1. LME.

SALE AND RETURN (law)


SALE AND RETURN. When goods are sent from a manufacturer or wholesale dealer to a retail trader, in the hope that he may purchase them, with the to a retail trader, in the hope that he may purchase them, with the understanding that what he may choose to take he shall have as on a contract understanding that what he may choose to take he shall have as on a contract of sale, and what he does not take he will retain as a consignee for the of sale, and what he does not take he will retain as a consignee for the owner, the goods are said to have been sent on sale and return. owner, the goods are said to have been sent on sale and return. 2. The goods taken by the receiver as on a sale, will be considered as 2. The goods taken by the receiver as on a sale, will be considered as sold, and the title to them is vested in the receiver of them; the goods he sold, and the title to them is vested in the receiver of them; the goods he does not buy are considered as a deposit in the hands of the receiver of does not buy are considered as a deposit in the hands of the receiver of them, and the title is in the person who sent them. 1 Bell' s Com., 268, 5th them, and the title is in the person who sent them. 1 Bell' s Com., 268, 5th ed. ed.