Definition

The person or entity converting products into cash, whether they're hawking goods at a marketplace or dumping stock on the open market. The other half of every transaction who usually wants more than the buyer is willing to pay.

Example Usage

The seller negotiated hard to maintain their margin despite competitive pressure.

Source: Universal commerce terminology

Related Terms

Beginner

Portfolio

A collection of investments that you constantly check at 2 AM like a new parent checking on a sleeping baby. Financial advisors will tell you not to look at it every day, which is excellent advice that nobody in the history of investing has ever followed.

💰 Finance / Accounting
Intermediate

unsecured

A loan or obligation with no collateral backing it up—basically a financial relationship built entirely on trust and optimism. It's like lending money to your friend with only a pinky promise as insurance.

💰 Finance / Accounting
Intermediate

forensic accounting

The use of accounting skills to investigate fraud, embezzlement, and financial crimes—essentially detective work for people who find excitement in spreadsheet anomalies. It's where accounting meets CSI, minus the dramatic lighting.

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Advanced

goodwill impairment

A write-down acknowledging that the premium paid in an acquisition was optimistic, to put it kindly. It's the accounting equivalent of admitting you dramatically overpaid for something because you got caught up in the moment.

💰 Finance / Accounting
Intermediate

depletion

The exhaustion of a resource faster than it can naturally replenish itself, whether that's oil reserves, soil nutrients, or your marketing budget by mid-quarter. In accounting, it's the method for allocating the cost of extracting natural resources. Basically, fancy terminology for "we used it all up."

💰 Finance / Accounting
Beginner

payment

The transfer of money or value in exchange for goods, services, or to settle a debt—capitalism's way of saying "we're square now." It can be cash, check, digital transfer, or any other method that moves value from Point A to Point B. In legal and business contexts, failure to make payment on time is how friendly relationships turn into lawsuits.

💰 Finance / Accounting

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See “seller” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.

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