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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    Asian stocks tumble reacting to Trump's tariff announcement, Indian stock futures also down

    Beijing News 03 Apr 2025
    Asian stock markets faced a heavy sell-off on Thursday after US President Donald Trump announced reciprocal tariffs on multiple countries, including India ... The negative sentiment was not limited to Asia, as the futures of US stock markets also showed signs of distress ... Indian stock market futures were also under pressure....
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    Big Technologies: watchdog told ‘rules may have been broken’

    The Times/The Sunday Times 03 Apr 2025
    A listed company at the centre of a scandal over its claims that its former chief executive had extensive undisclosed offshore holdings in the group has told the Takeover Panel of its concerns that market rules may have been broken ... in offshore entities....
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    Rupee falls in NDF market as US imposes 26% tariffs on India

    Business Line 03 Apr 2025
    The Indian rupee declined in the non-deliverable forward market on Thursday after the U.S ... The offshore Chinese yuan dropped to a one-month low of 7.3482 versus the U.S....
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    China struggles to steady yuan as Trump’s tariffs roil markets

    Anadolu Agency 03 Apr 2025
    Beijing is working to stabilize its currency after US President Donald Trump’s latest tariff hike announcement rattled financial markets, driving the yuan down to its weakest level since January ... In response, Chinese regulators issued a warning about market volatility....
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    Pfluger backs Rubio in festering Venezuela-Guyana dispute

    Odessa American 03 Apr 2025
    Giovanni Staunovo, a global oil market analyst in Zurich, Switzerland, had reported that Venezuela just gave ExxonMobil and other offshore producers 90 days “to stop operations in disputed waters off the coast of Guyana.” ... ExxonMobil is heavily invested in the offshore Stabroek Block field with the French company Total and Guyana’s Sispro company....
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    US, offshore HRC prices differ widely on tariff situation

    Steel Market Update 03 Apr 2025
    ... reflected in most offshore markets....
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    GLOBAL MARKETS-Stocks slump as US tariffs hit tech hardest

    Asahi News 03 Apr 2025
    Nasdaq futures tumbled 4% and in after-hours trade some $760 billion was wiped from the market value of Magnificent Seven technology leaders ... "People were talking earlier about whether clarity would boost the market ... Markets in Taiwan were closed for a holiday. China's yuan touched a two-month low in offshore trade, ahead of the onshore open....
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    NYK invests in Taiwanese offshore wind service player

    Splash24/7 02 Apr 2025
    Through this investment, NYK and IOVTEC will contribute to developing Japan’s offshore wind power industry and further strengthen their position in the Taiwan market. They also aim to further expand offshore ......
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    Conrad Industries Announces Positive 2024 Results

    MarineLink 02 Apr 2025
    Conrad Industries, Inc., established in 1948 and headquartered in Morgan City, Louisiana, designs, builds and overhauls barges, dredges and dredge support equipment, tugboats, ferries, drydocks, liftboats, offshore support vessels and other steel products for both the commercial and government markets....
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    Hyundai yard expands capacity as Chinese shipbuilding industry comes under US threats

    Tradewinds 02 Apr 2025
    ... the Philippines at a time when US lawmakers are squeezing market leader China....
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    Trump’s second term: A rare opportunity for real African energy independence

    Independent online (SA) 02 Apr 2025
    Offshore projects, like Mozambique’s LNG, will remain central, but onshore opportunities are equally vast ... With US interference diminished, the continent can pursue a multi-pronged strategy - ramping up natural gas for global markets, reviving coal for domestic grids, and tapping onshore and offshore potential....
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    Tron's Justin Sun Bailed Out TUSD as Stablecoin's $456M Reserves Were Stuck in Limbo, Filings Show

    CoinDesk 02 Apr 2025
    In September 2024, TrueCoin and TrustToken (the stablecoin's owners before Techteryx) settled with the SEC over allegations they falsely marketed TrueUSD as fully dollar-backed while secretly investing reserves in risky offshore funds....

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