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private treaty

noun
1.
a property sale based on terms resulting from a conference between buyer and seller.
Origin
1855-1860
1855-60
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for private treaty
  • Finally, private treaty sales may be used in determining appraisal values.
  • Back then livestock was sold by what's called private treaty.
  • In-state private treaty sales are permitted under the mandatory program.
British Dictionary definitions for private treaty

private treaty

noun
1.
a sale of property for a price agreed directly between seller and buyer
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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