seller

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Seller

A person or organization that relinquishes ownership of some asset in exchange for some monetary compensation. In a cash sale, the seller receives cash or a cash equivalent immediately in exchange for the asset. In a credit sale, the seller surrenders ownership immediately in exchange for future payment, often with interest. A seller is distinguished by the fact that he/she receives payment, as opposed to a buyer, who gives payment, or a donor, who relinquishes an asset for free. See also: Buyer.

seller

a supplier of a GOOD, SERVICE or FINANCIAL SECURITY. In the first two cases, a broad distinction can be made between suppliers of goods and services such as raw materials, components, plant and equipment which are used to produce other products (that is, suppliers of industrial products) and sellers of products for personal consumption (that is, suppliers of consumer products).

The distinction between these two groups is important in terms of the application of appropriate MARKETING STRATEGIES.

References in classic literature ?
Mr Sellers,' she said, smoothly, 'had to work very hard himself before he reached his present position.
Mr Sellers drew that picture of the Waukeesy Shoe and the Restawhile Settee and the tin of sardines in the Little Gem Sardine advertisement.
Miss Brougham,' said Sellers at last, spitting out the words, 'has confined herself to the purely commercial side of my work.
When Sellers savaged the cat in a manner which should have brought the S.
To make his position as critic still more impregnable, Sellers was now able to speak as one having authority.
He had finished the 'Child and Cat', and had taken it to Epstein together with a letter of introduction from Sellers.
Sellers being on the upgrade, a man with many pounds to his credit in the bank, had more leisure now.
Don't you consider Sellers a great artist, then, even now?
Even Sellers forgot his own triumphs long enough to allow him to offer affable congratulations.
Successful herself, she wanted all her friends to be successful; but Beverley, to her discomfort, remained a cheery failure, and worse, absolutely refused to snub Sellers.
Do you think Mr Sellers will settle down again cheerfully to hack-work when you stop buying his pictures, and he finds out that--that--'
Those remarks of yours about fools' paradises were not inspired solely by the affairs of Sellers.