Meaning & Definition of word "Wholesale"
Wholesale
/ˈhoʊlseɪl/
noun:
- 1. The selling of goods in large quantities, typically for resale by retailers.
- Example: The store decided to purchase its supplies from the wholesale to reduce costs.
- 2. A business that sells goods in large quantities at lower prices.
- Example: He works for a wholesale that specializes in electronics.
adjective:
- 1. Relating to the sale of goods in large quantities.
- Example: They offer wholesale prices to restaurants and cafes.
- 2. Characterized by large-scale operations or transactions.
- Example: The wholesale distribution model has become increasingly popular in the digital age.
adverb:
- 1. In large quantities; at a wholesale price.
- Example: The company is buying materials wholesale to save money.
Etymology
●From 'whole' + 'sale', referring originally to the selling of entire commodities.
Common Phrases and Expressions
wholesale price:
The cost of goods sold in bulk, which is typically lower than the retail price.
wholesale market:
A marketplace where goods are sold in large quantities, often to retailers.
wholesale distribution:
The distribution of goods in bulk to retailers or other distributors.
Related Words
retail:
The sale of goods to the public in relatively small quantities.
distributor:
An intermediary who supplies products to retailers.
bulk:
Large quantities of goods sold or bought.
Slang Meanings of wholesale
Meaning: To buy in large quantities to save money.
● Example Sentence: I went to the cash and carry to wholesale my supplies.
Meaning: A term used in business to describe aggressive pricing.
● Example Sentence: They are wholesaling their products to undercut the competition.