Business Dictionary : Dear
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Dear : adjective : expensive or costing a lot of money
• Property is very dear in this area.
Dear Money = money which has to be borrowed at a high interest rate
Dear : adjective : way of starting a letter
• Dear Sir = addressing a man whom you do not know
• Dear Sir = addressing a company
• Dear Madam = addressing a woman whom you do not know
• Dear Sirs = addressing a firm
• Dear Mr. Smith = addressing a man whom you know
• Dear Mrs. Smith = addressing a woman whom you know
• Dear Miss Smith = addressing a woman whom you know
• Dear James or Dear Julia = addressing a friend or a person you do business with
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