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Vendor

Discussion in 'Investing Glossary' started by Glossary, 28th Sep, 2006.

  1. Glossary

    Glossary Active Member

    Joined:
    12th Sep, 2006
    Posts:
    25
    Definition:

    As part of a two-party trade transaction, the vendor is the person, people, or entity who is selling the item being sold.

    The other party in the transaction, who is buying, is the vendee, or purchaser.

    For example, when purchasing a property, the vendor is the person who currently owns the property and wants to sell it.