👉 In the context of business and economics, a "preconveyance" is a transaction or action that occurs before the actual sale or purchase takes place. This can be in the form of an agreement between two parties, such as a client and service provider, or it could involve a process or procedure that precedes the execution of a contract. In other words, preconveyance refers to the initial steps or activities that occur prior to the actual sale or purchase of goods or services. It