Resale Definition

Selling again, particularly at retail (a retail product is sold once to the retail store and again to the final customer). In many states, a resale license, resale number, or seller's permit is required so that the state can monitor the collection of sales tax on retail sales.

Resale

Selling again, particularly at retail (a retail product is sold once to the retail store and again to the final customer). In many states, a resale license, resale number, or seller's permit is required so that the state can monitor the collection of sales tax on retail sales.