private treaty


noun

a property sale based on terms resulting from a conference between buyer and seller.

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Origin of private treaty

First recorded in 1855–60
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

British Dictionary definitions for private treaty

private treaty

noun

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