presell

American  

[pree-sel] / priˈsɛl /

verb (used with object)

presold, preselling

1. to sell in advance, as before manufacture or construction.

   to presell a planned house.

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Etymology

Origin of presell

First recorded in 1945–50; pre- + sell ¹

Example Sentences

To start, all international distribution rights were presold to Focus Features during 2020’s virtual Toronto International Film Festival, giving the production an important financial footing, though not enough to ensure a big budget, Gordon said.

From Los Angeles Times

Nomura Securities, a Japanese financial services firm, estimates that there are still 20 million units of presold homes waiting to be finished, which would require $450 billion in funding to complete.

From New York Times

About 2 million unfinished homes presold by developers have halted construction, according to estimates from S&P Global Ratings.

From Seattle Times

The new album, Born Pink, set for release on Sept. 16, presold more than 1.5 million copies in a week, double the number of the group's first album, YG said.

From Reuters

Access to credit was easy, and about 90 percent of new homes were “presold.”

From New York Times