JOB LOT Meaning and
Definition
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A "job lot" refers to a miscellaneous collection of goods or items that are sold together as a single unit. It typically represents a large quantity or bulk purchase of items, often acquired at a reduced or wholesale price. Job lots can include both new and used products and may consist of several different types of items bundled together.
The term "job lot" is commonly used in the context of commercial transactions, particularly in retail and wholesale sectors. In this context, businesses may acquire job lots to replenish their inventory or to take advantage of cost-effective purchasing opportunities. Job lots are typically obtained from liquidation sales, clearance events, or by purchasing surplus or discontinued items in large quantities.
Job lots can vary significantly in terms of their content and categories of items. They can include anything from clothing, electronics, and household appliances to tools, toys, and accessories. Due to the nature of job lots, the quality and condition of the items may vary, as they may include items that are damaged, imperfect, or remnants of previous sales.
Sellers of job lots often provide a fixed price for the entire bundle, making it an attractive option for businesses looking to add variety to their inventory or searching for products that can be sold at a discount. However, the items within a job lot are generally not available for individual purchase.
Common Misspellings for JOB LOT
- hob lot
- nob lot
- mob lot
- kob lot
- iob lot
- uob lot
- jib lot
- jkb lot
- jlb lot
- jpb lot
- j0b lot
- j9b lot
- jov lot
- jon lot
- joh lot
- jog lot
- job kot
- job pot
- job oot
- joblot
Etymology of JOB LOT
The term "job lot" originated in England and dates back to the 19th century. Its etymology is believed to be derived from the word "jobber", which referred to a person who bought and sold goods on a small scale, usually at a wholesale level. The term "lot" refers to a quantity or a set of items, often sold as a single unit. Therefore, a "job lot" specifically denotes a group of items or merchandise that is sold together as a single entity. Over time, "job lot" has come to imply sales of surplus or unwanted items, often at discounted prices.
Idioms with the word JOB LOT
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a job lot
The idiom "a job lot" refers to a collection or group of items sold together as a single unit. It often implies that the items are being sold as a whole, rather than individually, and may be offered at a discounted or wholesale price.
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job lot
A job lot refers to a miscellaneous collection of items that are sold together as a single unit, often at a discount or wholesale price.
Similar spelling words for JOB LOT
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