Sales agreement
Glossary
A sales contract is an agreement whereby a seller transfers ownership of goods in return for payment. It is consensual: it is binding once the parties agree.
Updated: 13/03/2026
The definitions presented in this section reflect the Belgian context, unless stated otherwise. The texts are intended to summarise the concepts in everyday language and should not be regarded as exhaustive or definitive. Suggestions or adjustments may always be sent to glossary@tcm.be.
Glossary
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