Akademik

wholesale

selling in large quantities to businesses which will then resell to consumers in smaller quantities. Glossary of Business Terms

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▪ I. wholesale whole‧sale ¹ [ˈhəʊlseɪl ǁ ˈhoʊl-] noun [uncountable] COMMERCE

the business of selling large quantities of goods at low prices to other businesses, rather than to the general public

[m0] ▪ II. wholesale wholesale ² adjective COMMERCE

1. involving the business of selling goods in large quantities to businesses, rather than to the general public:

• The wholesale trade sector lost 14,000 jobs.

• Japan's overall wholesale prices in December were unchanged.

2. involving the business of providing services to other businesses, rather than to the general public:

• The country's long-term credit banks are primarily wholesale lenders (= banks that lend to other financial institutions and to companies ) .
— compare retail¹

— wholesale adverb :

• Dealing wholesale requires certification by a local authority.

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Goods sold in large quantities. An intermediate stage in distribution, between the manufacturer and the final retailer. Wholesale price changes are one way of measuring inflation.

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Ⅰ.

wholesale UK US /ˈhəʊlseɪl/ noun [U] COMMERCE

► the activity of selling goods to stores, other businesses, etc. rather than to the public: »He raised prices slightly for wholesale and retail.

→ Compare RETAIL(Cf. ↑retail)

Ⅱ.

wholesale UK US /ˈhəʊlseɪl/ adjective

► relating to the activity of selling goods or services to stores, other businesses, etc. rather than to the public: »Producer prices are a gauge of costs at the wholesale level.
a wholesale price/rate »The wholesale market price of gasoline is starting to rise.
wholesale sales/trade »During August, total wholesale sales dropped 0.9%.
a wholesale business/company »He set up a wholesale business and internet site.
»He takes his produce daily to the wholesale market in Bradford.
»Squeezed between manufacturers and retailers is the wholesale sector.
»The bank plans to exit wholesale banking to concentrate on its core personal financial services business.

→ Compare RETAIL(Cf. ↑retail)

Ⅲ.

wholesale UK US /ˈhəʊlseɪl/ adverb

► if something is sold wholesale, it is sold to stores, other businesses, etc. rather than to the public: »Breeders who sell puppies wholesale to a broker or pet store must obtain a USDA license.
»All of her furniture was bought wholesale.

→ Compare RETAIL(Cf. ↑retail)

Financial and business terms. 2012.