Definition of Wholesale price

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TeachMeFinance.com - explain Wholesale price



Wholesale price -- The rack sales price charged for No. 2 heating oil; that is, the price charged customers who purchase No. 2 heating oil free-on-board at a supplier's terminal and provide their own transportation for the product.




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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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