How is Stock Product defined in a legal contract?
- Stock Product means a product that is not custom-built or made to order. Seen in 3 SEC filings.
- Stock Product means a product that comes with a single universal set of features, materials, dimensions available and constant for all customers. Seen in 3 SEC filings.
- Stock Product means goods that are pre-manufactured, fully constructed, and stored ready to be sold or distributed. Seen in 1 SEC filing.
- Stock Product means the existing inventory of a product that was already made prior to the effective date and could be re-packaged or re-labelled as needed by the licensee. Seen in 1 SEC filing.
Please note, some additional definitions were not included due to the inclusion of prohibited terms and conditions as directed in the instructions.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of stock product' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Stock Product means a product that is ready-made, not custom-built, universally available and pre-manufactured for immediate distribution.
Relevant Contract Types
Relevant Circumstances
- A business looking to purchase standardised items in bulk.
- A manufacturing company selling its ready-made products to retailers.
- An online retailer selling directly to consumers.
Relevant Sectors
Genie Definition 2
Stock Product means existing inventory made prior to a certain date, capable of being re-labelled or re-packaged as required.
Relevant Contract Types
Relevant Circumstances
- Companies licensing their products for rebranding or repackaging.
- Franchise operations where the franchisor supplies stock product to franchisees.
Relevant Sectors
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Stock Product means a product that is ready-made, not custom-built, universally available and pre-manufactured for immediate distribution.
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