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In the banking industry "wholesale" usually refers to wholesale banking, providing tailored services to large customers, in contrast with retail banking, providing standardized services to large numbers of smaller customers. In real estate, wholesaling is the act of contracting to purchase real property, and assigning that contract to an investor.
The Winding-up and Restructuring Act, an act of the Parliament of Canada, uses the following definition: "trading company" means any company, except a railway or telegraph company, carrying on business similar to that carried on by apothecaries, auctioneers, bankers, brokers, brickmakers, builders, carpenters, carriers, cattle or sheep salesmen ...
Wholesale markets can either be primary, or terminal, markets, situated in or close to major conurbations, or secondary markets.The latter are generally found only in larger developing countries where they are located in district or regional cities, taking the bulk of their produce from rural assembly markets that are located in production areas.
The production company may be directly responsible for fundraising the production or may accomplish this through a parent company, partner, or private investor.It handles budgeting, scheduling, scripting, the supply with talent and resources, the organization of staff, the production itself, post-production, distribution, and marketing.
A wholesale fish market at Haikou New Port, China. Distribution of products takes place through a marketing channel, also known as a distribution channel. A marketing channel is the people, organizations, and activities necessary to transfer the ownership of goods from the point of production to the point of consumption.
Jobber, in merchandising, can be synonymous with "wholesaler", "distributor", or "intermediary".A business which buys goods and bulk products from importers, other wholesalers, or manufacturers, and then sells to retailers, was historically called a jobbing house (or jobbing center).
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A wholesale merchant operates in the chain between the producer and retail merchant, typically dealing in large quantities of goods. [3] In other words, a wholesaler does not sell directly to end-users. Some wholesale merchants only organize the movement of goods rather than move the goods themselves.