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/ˈbaɪər/
Meaning & Definition
noun
A person or entity that acquires goods or services in exchange for money.
The buyer offered a higher price for the vintage car.
A person who purchases real estate.
The buyer inspected the property before making an offer.
A company or organization that purchases products for resale or use.
The retail buyer attended the trade show to source new products for the store.
Someone who purchases a financial instrument or asset.
The buyer of the stock was optimistic about its future performance.
A consumer in a market context.
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
Slang Meanings
Buyer fatigue
After looking at so many options, I’m experiencing buyer fatigue.
Impulse buyer
She's such an impulse buyer; she often regrets her spontaneous purchases.