• Frequency of Use
    20 %
  • Retention Rate
    50 %
  • Complexity
    40 %
  • Job Lot Meanings

    noun a miscellaneous collection of items sold together as a single unit

    Fields related to job lot

    Retail

    In retail, a job lot refers to a large quantity of goods sold as a single lot, often at a discounted price.

    E-commerce

    Job lots are popular on online marketplaces where sellers can bundle multiple items together for sale.

    Inventory Management

    Job lots can help businesses clear out excess inventory quickly and efficiently.

    Auction

    Job lots are often auctioned off as a single unit, allowing buyers to purchase a variety of items in one transaction.

    Wholesale

    In wholesale, job lots are commonly used to sell excess or discontinued inventory in bulk quantities.

    Liquidation

    Job lots are frequently seen in liquidation sales, where businesses sell off all remaining stock in a single lot.

    Occupation Usage of job lot

    Writer

    In the publishing industry, a job lot may refer to a bulk purchase of books or other printed materials for resale.

    Psychologist

    In the field of psychology, a job lot could be used to refer to a set of assessment tools or materials purchased together for a specific purpose.

    Wholesaler

    For wholesalers, a job lot typically refers to a large quantity of goods purchased from a supplier at a discounted price, often for resale to retailers.

    Retailer

    In retail, a job lot can refer to a batch of products bought at a discounted rate, usually to be sold at a reduced price to customers.

    Consolidated Statistics about job lot

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