The term "resale" refers to the act or process of selling an item that has been previously purchased and owned by someone else. This can occur in various contexts, such as when a consumer buys a product from a retailer and then resells it online through a platform like eBay, or when a business purchases inventory with the intention of reselling it for profit. The term is also used to describe the practice of buying tickets to an event from one individual and then selling them to another at a higher price, often referred to as "scalping." In legal terms, resale refers to the transfer of ownership or title of property from one person to another, typically through a sale.