相あい対たい売ばい買ばい

noun

negotiated transaction; privately negotiated deal

A transaction where the terms are directly negotiated between buyer and seller, as opposed to a competitive auction or open market. Often used in securities or real estate contexts.

See also: 競売買 (きょうばいばい)

• この株かぶ式しきは相あい対たい売ばい買ばいで取とり引ひきされた。

  These shares were traded through a negotiated transaction.

• 相あい対たい売ばい買ばいは競きょう売ばい買ばいと異ことなり、当とう事じ者しゃ間かんで価か格かくを決きめる。

  Unlike an auction, a negotiated transaction determines the price between the parties.