Meaning & Definition of word "Buyer"

Buyer

/ˈbaɪər/

noun:

  • 1. A person or entity that acquires goods or services in exchange for money.
    • Example: The buyer offered a higher price for the vintage car.
  • 2. A person who purchases real estate.
    • Example: The buyer inspected the property before making an offer.
  • 3. A company or organization that purchases products for resale or use.
    • Example: The retail buyer attended the trade show to source new products for the store.
  • 4. Someone who purchases a financial instrument or asset.
    • Example: The buyer of the stock was optimistic about its future performance.
  • 5. A consumer in a market context.
    • Example: In today's competitive market, every buyer has a multitude of options.

Etymology

Middle English 'biere', from Old English 'bycgan' meaning 'to buy'.

Common Phrases and Expressions

buyer's market:

A situation in which supply exceeds demand, giving buyers an advantage.

buyer beware:

A warning to buyers to be cautious of the quality of the products they purchase.

qualified buyer:

A buyer who has been pre-approved for financing and can secure a purchase.

buyer's remorse:

Regret after a purchase, usually because of the cost or perceived value.

Related Words

purchase:

The act of buying something.

salesperson:

A person who sells goods or services.

transaction:

An instance of buying or selling something.

Slang Meanings of buyer

Meaning: Buyer fatigue

Example Sentence: After looking at so many options, I’m experiencing buyer fatigue.

Meaning: Impulse buyer

Example Sentence: She's such an impulse buyer; she often regrets her spontaneous purchases.