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wholesale priceThe price charged for goods sold in large quantities to retailers, typically lower than retail price

Part of speech: NOUN

Definition: The price charged for goods sold in large quantities to retailers, typically lower than retail price

Pronunciation (IPA): /ˈhoʊlseɪl praɪs/

Example Sentences

  • The bakery owner was shocked to discover that his wholesale price for flour was higher than the supermarket's retail price.
  • Companies often negotiate wholesale prices to reduce their operational costs.
  • The wholesale price of coffee beans fluctuates based on global market conditions.

wholesale price

NOUN

[/ˈhoʊlseɪl praɪs/]

The price charged for goods sold in large quantities to retailers, typically lower than retail price

The shop owner gets a much lower wholesale price when buying 100 boxes at once.
💡 Concept

The shop owner gets a much lower wholesale price when buying 100 boxes at once.

From wholesale price to retail price, find the fair price!
🎵 Rhyme

From wholesale price to retail price, find the fair price!

Got the picture? Now let's practice.

🎤Pronunciation

🇺🇸 US/ˈhoʊlseɪl praɪs/
🇬🇧 UK/ˈhəʊlseɪl praɪs/

🌳Etymology

Rootwhole-sale

Origin

Wholesale combines Old English 'whole' (entire, complete) and 'sale' (act of selling), referring to the sale of goods in bulk or in their entirety. Price derives from Latin 'pretium' (value, cost), which entered English through Old French 'pris' during the medieval period.

Breakdown

whole (Old English hal, meaning complete/entire) + sale (Old English sala, meaning act of selling) + price (from Latin pretium via Old French pris, meaning value or cost).

🎵Rhyme

retail pricefair pricesale price
retail price
fair price
sale price

🔗Collocations

wholesale price list
wholesale price index
wholesale price margin
competitive wholesale price
wholesale price reduction
wholesale price negotiation

📝Examples

😄 Fun example

The bakery owner was shocked to discover that his wholesale price for flour was higher than the supermarket's retail price.

Companies often negotiate wholesale prices to reduce their operational costs.

The wholesale price of coffee beans fluctuates based on global market conditions.

😄 Fun example

She bought 50 wedding dresses at wholesale price and became the most popular bride consultant in town.

📚Related Words

Synonyms

bulk pricetrade pricedistributor pricefactory price

Antonyms

retail priceconsumer pricemarket price

Related

wholesale marketbulk purchasetrade discountdistributormarkup

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