wholesale dealer
wholesale dealer. One who sells goods in gross to retail dealers rather than selling in smaller quantities directly to consumers.
Search Results for: WHOLESALE DEALER
middleman
middleman. An intermediary or agent between two parties; esp. a dealer (such as a wholesaler) who buys from producers and sells to retailers or consumers.
discount
discount, n. 1. A reduction from the full amount or value of something, esp. a price. 2. An advance deduction of interest when a person lends money on a note, bill of exchange, or other commercial paper, resulting in its present value. See PRESENT VALUE. 3. The amount by which a security’s market value is
merchant
merchant. One whose business is buying and selling goods for profit; esp. a person or entity that holds itself out as having expertise peculiar to the goods in which it deals and is therefore held by the law to a higher standard of expertise than that of a nonmerchant. • Because the term relates solely
trust receipt
trust receipt. 1. A pre-UCC security device — now governed by Article 9 of the Code — consisting of a receipt stating that the wholesale buyer has possession of the goods for the benefit of the financier. • Today there must usu. be a security agreement coupled with a filed financing statement. [Cases: Chattel Mortgages
direct selling
direct selling. 1. Selling to a customer without going through a dealer. 2. Selling to a retailer without going through a wholesaler.
drummer
drummer. 1. A commercial agent who travels around taking orders for goods to be shipped from wholesale merchants to retail dealers; a traveling sales representative. 2. A traveling salesperson. [Cases: Licenses 15(6).]
imitation
imitation. Trademarks. An item that so resembles a trademarked item as to be likely to induce the belief that it is genuine. See SIMILARITY. [Cases: Trade Regulation 339. C.J.S. Trade-Marks, Trade-Names, and Unfair Competition §§ 84, 86.] “The law of trade marks is of recent origin, and may be comprehended in the proposition that a