/seɪl ənd ˈpɜːrtʃəs əˈɡriːmənt/ – Phrase
Definition: Hợp đồng mua bán
A more thorough explanation: a legal contract that obligates a buyer to buy and a seller to sell, for example, assets or shares
Example: The buyer and the seller entered into the sale and purchase agreement on 1st January 2006.