Customer

A customer (sometimes known as a client, buyer, or purchaser) is the recipient of a Good or a service, or a product, or an idea, obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration. Etymologically, a client is someone merely inclined to do business, whereas a purchaser procures goods or services on occasion but a customer customarily or habitually engages in transactions. This distinction is merely historic. Today customers are generally categorized into two types:

  • An entrepreneur' or trader (sometimes a commercial Intermediary) who is a dealer that purchases goods for re-sale.
  • An end user or ultimate customer who does not re-sell the things bought but is the actual consumer or an agent such as a Purchasing officer for the consumer.
  • A customer may or may not also be a consumer, but the two notions are distinct, even though the terms are commonly confused. A customer purchases goods; a consumer uses them. An ultimate customer may be a consumer as well, but just as equally may have purchased items for someone else to consume. An intermediate customer is not a consumer at all. The situation is somewhat complicated in that ultimate customers of so-called industrial goods and services (who are entities such as government bodies, manufacturers, and educational and medical institutions) either themselves use up the goods and services that they buy, or incorporate them into other finished products, and so are technically consumers, too. However, they are rarely called that, but are rather called industrial customers or business-to-business customers. Similarly, customers who buy services rather than goods are rarely called consumers.

    Latest News for: Offshore market

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    LETTER: Deeper dive needed

    Business Day 24 Apr 2024
    At the same time, offshore funds have enjoyed a huge bull market, initially driven by the S&P 500 and Nasdaq boards, but also recently by the Japanese stock market, which has quietly and under the radar notched up significant returns for global investors....
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    CBED scores new SOV contract

    Splash24/7 24 Apr 2024
    Danish offshore accommodation specialist CBED has timed the market right with a new contract for its recently acquired service operational vessel ... an offshore wind farm in the Netherlands....
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    China turns the heat up on cross-border investments in local govt debt, sources say

    Hellenic Shipping News Worldwide 24 Apr 2024
    ... to contain financial risks in a loosely regulated part of the market....
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    PrimeXBT and FinCom join forces to simplify dispute resolution

    CryptoNewsZ 24 Apr 2024
    PrimeXBT is distinguished as an authorized broker member due to its provision of online brokerage services, which encompass spot and futures market exchanges. PrimeXBT functions as an offshore platform via Seychelles and Marshall Islands-registered entities ... and Ultima Markets....
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    Binance loses 25% of Bitcoin market share as offshore markets shrinks

    BTC Manager 23 Apr 2024
    As offshore markets diversify, Binance’s Bitcoin ......
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    Chinese turbine manufacturers lead in taking products to foreign shores

    ECNS 23 Apr 2024
    An offshore wind farm equipped with turbines from Chinese manufacturer Mingyang Smart Energy Group is seen off the coast of Zhuhai, Guangdong province ... With 7.6 gW, China was once again the largest market for new offshore wind capacity, accounting for more than two-thirds of the global total in 2023, said BloombergNEF....
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    Installed offshore wind capacity in U.S. sees nearly six-fold jump in first-quarter, report says

    Live Mint 23 Apr 2024
    KEY QUOTE 'The nation celebrated its first utility-scale project finishing installation, officially moving the market from demonstration to commercialization' - Oceantic Network WHAT'S NEXT The latest problem to hit the sector is the New York State stalling three major offshore ......
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    Floating Power Plant Market: Renewable Energy Innovation | Europe Growing By Belgium, Denmark, Germany, UK

    MENA FN 23 Apr 2024
    (MENAFN - EIN Presswire) Floating Power Plant Market Worth $27.9 billion by 2032 The global floating power plant market is expected to witness robust growth due to the growth of offshore wind ... ....
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    Where king dollar is causing pain the most

    CyprusMail 23 Apr 2024
    Its latest rally, following stronger-than-expected March inflation numbers that pushed back US rate cut bets even further, highlights how sensitive currency markets are to relative interest rate changes ... Last week, the United States, Japan and South Korea agreed to “consult closely” on currency markets in a rare warning....
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    China’s Noah to Hire 50 to 100 Wealth Managers in Hong Kong, Singapore

    Hindustan Times 23 Apr 2024
    But we believe it still has enough dynamics and a deep enough market, especially for the sector we are serving which is mostly Chinese private entrepreneurs.” ... With higher US rates, there has been demand for offshore fixed term deposit, insurance plans and money market funds, said Pan....
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    Binance Bitcoin Trading Dominance Slips: Bybit and OKX Gain Ground

    Crypto Economy 23 Apr 2024
    TL;DR Binance has seen its non-US Bitcoin market share fall from 81.3% to 55.3% in one year ... Competition in the cryptocurrency exchange markets is intensifying, and Binance, one of the largest platforms globally, has seen a significant drop in its Bitcoin market share outside the United States ... Competition for offshore markets is heating up....

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