Glossary

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Wholesaler Wholesale

Economy Term

A wholesaler is a type of business that purchases goods in bulk from manufacturers or producers and then sells those goods to retailers or other businesses at a slightly higher price in smaller quantities. Wholesalers act as intermediaries between producers and retailers, allowing each party to focus on their core competencies without having to worry about the sales and distribution of the products.

Wholesalers play a crucial role in the economy and industry as they help to distribute goods efficiently and effectively. They help manufacturers and producers to reach a wider market by providing access to a large network of retailers and other businesses. Wholesalers also provide retailers with a one-stop-shop for a variety of products, reducing the need to work with multiple suppliers and simplifying the purchasing process.

In addition to providing product distribution and logistics, wholesalers also offer a range of value-added services such as storage, financing, and marketing support to manufacturers and retailers. These services help to improve efficiency and reduce costs for all parties involved in the supply chain.

Overall, the role of the wholesaler is critical in ensuring that products are distributed effectively and efficiently throughout the economy and industry. They enable manufacturers to focus on production, and retailers to focus on customer service and marketing, resulting in increased efficiency, productivity, and profitability for everyone involved.

More Glossary Terms Beginning with W

WACC Weighted Average Cost of Capital
Weighted Average Cost of Capital. A calculation of a companys cost of capital in which each category of capital is proportionally weighted.

Financial Term Letter: W
Wafer
A disk made of a semiconducting material, such as silicon, usually either 100, 125, 150, 200 or 300 millimeters in diameter, used to form the substrate of a chip. A finished wafer may contain several thousand chips. Semiconductors Industry

Manufacturing Term Letter: W
Wage and salary accruals and disbursements
The monetary remuneration of employees, including the compensation of corporate officers; commissions, tips, and bonuses; voluntary employee contributions to certain deferred compensation plans, such as 401(k) plans; and receipts in kind that represent income. Accruals and disbursements differ in the treatment of retroactive payments. In the national income and product accounts (NIPAs), wage and s

Economy Term Letter: W
WBC
an abbreviation for white blood cell count. The white blood cells are analyzed from a blood sample collected as part of a standard protocol for patients suspected of having appendicitis who have entered the Emergency Department of a hospital.

Health Care Term Letter: W
Western Blot Analysis
A technique used to identify and locate proteins based on their ability to bind to specific antibodies.

Health Care Term Letter: W
Wet Deficiency Fee
That fee, as set forth in the Transactions Terms Letter, payable by Seller for each calendar day that Seller fails to deliver to Buyer or its Custodian the Mortgage Loan Documents relating to any Wet Mortgage Loan purchased by Buyer following expiration of the Wet Mortgage Loans Maximum Dwell Time.

Financial Term Letter: W
Wet gas
Unprocessed natural gas that contains a mixture of heavier hydrocarbons including ethane, propane, butane and natural gasoline.

Energy Term Letter: W
Wet Mortgage Loan
A Mortgage Loan as to which Buyer purchases from Seller by delivering funds to the applicable Closing Agent prior to receipt by Buyer or its Custodian of the related Mortgage Loan Documents, subject to Seller?s obligation to deliver the related Mortgage Loan Documents within the Wet Mortgage Loans Maximum Dwell Time.

Financial Term Letter: W
Wet Mortgage Loans Maximum Dwell Time
That period of time, by which Seller must deliver to Buyer or its designee the Mortgage Loan Documents for a Wet Mortgage Loan.

Financial Term Letter: W
Wet Mortgage Loans Sublimit
The maximum aggregate principal amount of Purchased Mortgage Loans that may be Wet Mortgage Loans at any time, as set forth in the Transactions Terms Letter.

Financial Term Letter: W
What is Deflation
What is Deflation? Deflation is constant decline in general level of prices, usually attributed to contraction of available money and credit. When the volume of money declines but quantity of products and services remain unchanged or decline on the lower level, results are higher lower prices (Deflation). Deflation is measured with CPI on the retail level and with PPI on the Wholesale level The Co

Economy Term Letter: W
What is GDP
What is the Gross Domestic Product (GDP) Gross Domestic Product (GDP) is the market value of goods and services produced by labor and property within one country, regardless of nationality. Gross Domestic Product (GDP) is the standard measurement of the Economic Activity within one country. If the U.S. Economy has advanced by 2.8 percent in a year, it means the U.S. Gross Domestic Product (GDP) ha

Economy Term Letter: W

More in this Category

Advance monthly sales
The U.S. Census Bureau conducts the Advance Monthly Retail Trade and Food Services Survey (MARTS) to provide an early estimate of monthly sales by kind of business for retail and food service firms located in the United States. Each month, questionnaires are mailed to a probability sample of approximately 5,000 employer firms selected from the larger Monthly Retail Trade Survey (MRTS). Firms respo

Economy Term
Affiliate
means with respect to any entity, an entity that is controlled by a other company although the other company owns less than a majority of the other entity.

Economy Term
Agents and Brokers
Persons or organizations that act as a representative for others in negotiating contracts, purchases, or sales. Agents and brokers typically earn a commission or fee for their services and do not take possession of, or title to, any goods.

Economy Term
ARPU
Average revenue per user

Economy Term
Balance of payments
Record of transactions between U.S. residents and foreign residents during a given time period. Includes transactions in goods, services, income, assets, and liabilities. It is broken down into the current accounts (international), capital accounts (international), and financial accounts (international).

Economy Term
Balance on current account
Current receipts from the rest of the world less current payments to the rest of the world, formerly called "net foreign investment." Current receipts equal exports of goods and services plus income receipts from the rest of the world; current payments are the sum of imports of goods and services, income payments to the rest of the world, and current taxes and transfer payments to the rest of the

Economy Term
Balance on goods and services
Record of the difference between exports of goods and services and imports of goods and services. In the broad sense, this balance is conceptually equal to net exports of goods and services, which is a component of gross domestic product (GDP).

Economy Term
Bonded Warehouses Manufacturing
Warehouses that are authorized by the United States Customs for storage or manufacturing of goods on which payment of duties is deferred until the goods are removed into Customs Territory. These goods are not subject to duties if reshipped to foreign points.

Economy Term
Brokers
Persons or organizations that act as a representative for others in negotiating contracts, purchases, or sales. Agents and brokers typically earn a commission or fee for their services and do not take possession of, or title to, any goods.

Economy Term
Business sector
All corporate and noncorporate private entities organized for profit and certain other entities that are treated as businesses in the national income and product accounts (NIPAs), including mutual financial institutions, private noninsured pension funds, cooperatives, nonprofit organizations that primarily serve businesses, Federal Reserve banks, federally sponsored credit agencies, and government

Economy Term
CE-marked
A compliance symbol indicating that a product meets the requirements of the European Union (EU) directives that apply to that product. CE stands for Conformit?e Europ?enne, which means European Conformity.

Economy Term
CFTC Commodity Futures Trading Commission
Commodity Futures Trading Commission, an independent agency with the mandate to regulate commodity futures and option markets in the United States.

Economy Term