automatic vending

automatic vending

a means of retailing products to consumers via vending machines. Vending machines augment conventional point-of-sale retailing (shops and stores) and provide a comparatively inexpensive and convenient way of making products available. Automatic vending has been employed extensively in selling, for instance, food and beverages, stamps and latterly money See RETAIL OUTLET.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

automatic vending

a means of retailing products to consumers via vending machines. Automatic vending has been employed extensively in selling, for instance, food, beverages and cigarettes. The use of vending machines has also become prominent in the banking/building society sector as a means of dispensing cash.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005