Resale

/ˌriːˈseɪl/ noun

Definition

The selling of something that has been previously owned or purchased, usually at a lower price than the original sale.

Etymology

From Old English 're-' (again) plus 'sale' (from Old Norse 'sala'). The prefix 're-' indicates a second or subsequent action.

Kelly Says

The resale market has exploded with digital platforms like Depop and Vinted, creating a circular economy where Gen Z buys and sells vintage goods—challenging traditional retail's whole business model.

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