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Describing ways of buying and selling

block booking

noun

an agreement to buy a large number of tickets at one time for a concert, play etc

bogof

noun

buy one get one free: the practice of giving customers an extra product free each time they buy one product

down

adjective, adverb, preposition

used for saying that you pay an amount of money immediately when you buy something and will pay the rest later

first refusal

noun

the opportunity to buy something before it is offered to anyone else

freemium

noun

a method of selling in which the basic product is free, but customers pay for extra features

mail order

noun

a way of buying goods in which you order them by post, telephone, or the Internet and they are posted to you

open market

noun

a situation in which people can buy and sell things at a price that they agree on because there are no official rules about prices

part exchange

noun

a method of buying something new such as a car by giving your old one as part of the payment for the new one

retail

adjective

relating to the sale of goods directly to the public for their own use

SOR

noun

sale or return: an arrangement in which a shop can return any goods that it is not able to sell

wave and pay

noun

a system of paying for small purchases by moving a credit card or mobile device in front of a special machine which automatically reads the information

wholesale

adjective

relating to the business of selling large quantities of goods, especially to people who are going to sell them in a shop

wholesale

adverb

if you sell goods wholesale, you sell them in large quantities, especially to people who are going to sell them in a shop

wave and pay

verb

at cost

if you sell something at cost, you sell it for the same amount that you spent when you made it or bought it

off the shelf

available to buy without being ordered or designed for a particular customer

on approval

if you buy something on approval, you can send it back within a particular time if you are not satisfied with it

on sale or return

an arrangement in which a shop can return to the wholesaler any goods that it is not able to sell

sight unseen

if you buy or accept something sight unseen, you do not see it first

Open Dictionary

breakfast rave

a rave … that takes place early in the morning and where there is no alcohol or drugs …

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