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Business Dictionary :
Whole-Life Insurance, Wholesale, Will and Win
Whole-Life Insurance, Wholesale, Will and Win
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Whole-Life Insurance : noun : insurance where the insured person pays a fixed premium each year and the insurance company pays a sum when he dies
Wholesale : noun & adverb : buying goods from manufacturers and selling in large quantities to traders who then sell in smaller quantities to the general public
• Wholesale Discount
• Wholesale Shop
Wholesale Dealer = person who buys in bulk from manufacturers and sells to retailers
Wholesale Price Index = index showing the rises and falls of prices of manufactured goods as they leave the factory
• He buys wholesale and sells retail.
• He buys goods in bulk at a wholesale discount and then sells in small quantities to the public.
NOTE : no plural
Wholesaler : noun : person who buys goods in bulk from manufacturers and sells them to retailers
Wholly-Owned Subsidiary : noun : company which is owned completely by another company
Wildcat Strike : noun : strike organized suddenly by worker without the main union office knowing about it
Will : noun : legal document where someone says what should happen to his property when he dies
• He wrote his will in 1964.
• According to her will, all her property is left to her children.
Win : verb : to be successful
• To win a contract = to be successful in tendering for a contract the company announced that it had won a contract worth £25m to supply buses and trucks
NOTE : winning - won