Terms Beginning With 'w'

Wholesale Trade

  • January 11, 2020
  • Team Kalkine

The form of trade wherein goods are bought and warehoused in huge quantities to be later sold in batches to either resellers or professional groups is wholesale trade. In this form of trade, goods are not sold to final consumers but to governments, institutions, and other businesses. It is looked upon as an economic indicator of the consumer economy that is largely dependent on wholesalers to supply to retailers.

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