Retail
/ˈriː.teɪl/
Definitions
- (n.) The sale of goods or services directly to consumers, usually in small quantities.
The company specializes in retail of electronic devices.
- (adj.) Relating to the sale of goods to the public, rather than in bulk to wholesalers or manufacturers.
Retail prices are generally higher than wholesale prices.
- (v.) To sell goods directly to consumers in small quantities.
They retail handmade furniture online.
Forms
- retails
- retailed
- retailing
Related terms
See also
Commentary
In legal drafting, specify whether 'retail' pertains to the act of selling, the business sector, or pricing context to avoid ambiguity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.