Definition
An arrangement where goods are supplied to a retailer with the understanding that unsold items can be returned to the supplier.
The gallery obtained these paintings on a sale or return basis; if they don't sell, they'll be returned to the artist.
We agreed to supply the bookstore with books on a sale or return basis, allowing them to return any unsold items.
The company is considering launching its new product on a sale or return basis to reduce initial risks.