Word Power
   Discover Through Learning Home  Links 19 Jun. 2018   
Language Holidays
Interpreting - Translation

Here are some expressions commonly used in discussing buying and selling matters.

Listen to B2B/BTB - the exchange of services, information and/or products from one business to another, as opposed to between a business and a consumer
Listen to B2C/BTC - the exchange of services, information and/or products from a business to a consumer, as opposed to between one business and another
Listen to buy - obtain by purchase; acquire by means of a financial transaction
Listen to buyer - a person who buys, a purchaser
Listen to buying power - purchasing power, it refers to the amount of goods and services a given amount of money -- or, more generally, liquid assets -- can buy
Listen to cash purchase - a purchase made for cash as distinct from a credit purchase
Listen to cash sale - a sale in which payment must be made in cash at the time and place that the buyer receives the goods unless there is a prior agreement between the parties for a sale on credit
Listen to clearance sale - a sale to reduce inventory
Listen to goods inwards - receipt of goods, incoming goods
Listen to goods outwards - goods issue
Listen to hire purchase - a form of finance where the borrower agrees to pay for goods on an instalment basis, the legal ownership of which passes to the borrower only when the goods have been paid for
Listen to international trade - trade between two or more partners from different countries (an exporter and an importer)
Listen to order form - a form to use when placing an order
Listen to paperwork - work that involves handling papers: forms or letters or reports etc.
Listen to password - a secret word or phrase known only to a restricted group
Listen to PIN - a number you choose and use to gain access to various accounts
Listen to point of sale or POS - of or relating to or being the location where something is purchased
Listen to proforma invoice - a legal document between the supplier and the customer to describe the details of a certain commodity. It is needed for all international non document shipments, and is used for the customs in the country of destination to determine the customs value
Listen to retail - the selling of goods to consumers; usually in small quantities and not for resale
Listen to sales pitch - promotion by means of an argument and demonstration, sales talk
Listen to telesales or telemarketing - the advertising or selling of goods or services by telephone
Listen to value - the amount (of money or goods or services) that is considered to be a fair equivalent for something else
Listen to wholesale - the selling of goods to merchants; usually in large quantities for resale to consumers

Now we put new vocabulary into context, so you can see how you might use these terms yourself. The expressions are in boldface in the text.

Listen to Purchasing managers, buyers, and purchasing agents seek to obtain the highest quality merchandise at the lowest possible purchase cost for the employers.
Listen to A hire purchase agreement allows the hire purchaser sole use of an asset for a period after which they have the right to buy them, often for a small amount.
Listen to You get 5% discount on cash purchase of books, CDs, DVDs, and gift items.
Listen to Jeremy Peters works as a supervisor in the goods inwards department of an international electronics company.
Listen to Below is a detailed step-by-step guide to help you complete a pro-forma invoice correctly.
Listen to The most effective sales pitches are those that are well prepared and delivered with confidence.
Listen to Buy by phone through our telesales team who´ll help you find the right mobile package.
Listen to Instead of keeping items in our warehouse collecting dust, we are placing them here for a clearance sale at significantly marked-down prices.
Listen to If you receive a PIN, you agree to not disclose or share your PIN with anyone.
Listen to Alternatively, you can print out the order form when complete and either fax with card details or send by post, with a cheque for the full amount.
Listen to Your password will be e-mailed to you at the e-mail address you registered with the system.


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