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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    Raging Bull Awards 2025: explore the fund categories and their significance

    Independent online (SA) 21 Dec 2024
    The general equity category includes funds in Asisa’s new SA Equity category, which was introduced to differentiate between funds that invest in both South African and offshore equities and those that invest solely in the local stock market.South African multi-asset funds ... Money market funds are excluded from the awards.South African real estate....
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    UAE’s Adnoc Logistics & Services adds 20 offshore assets in 2024

    The Gulf Time 20 Dec 2024
    Adnoc Logistics & Services Plc (Adnoc L&S) announced on Thursday that its integrated logistics business segment expanded significantly in 2024, with 20 offshore assets acquired and hire contracts secured for 19 jack-up barge (JUB) deployments ... members at offshore production sites....
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    CT bails on offshore wind, chooses solar projects instead

    The CT Mirror 20 Dec 2024
    “I’m glad that the advocacy of Republicans in this state over the last several months have been persuasive in stopping an above-market purchase of offshore wind power, which would have inflated consumers’ bills far more.” More STORIES IN Energy/ENvironment ... Trump for years has stated his hatred for offshore wind....
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    Methane: addressing the ‘unrecognized scandal’ of the fossil fuel industry’s emissions

    Offshore Technology 20 Dec 2024
    Offshore Technology spoke to Julian Schwartzkopff from the German non-profit Deutsche Umwelthilfe about the pressing need to control the levels of methane entering the atmosphere ... Offshore Technology ... Access the most comprehensive Company Profiles on the market, powered by GlobalData ... Offshore Technology ... Offshore Technology ... Offshore Technology....
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    RMB moves to take 4th spot as currency for global payments: SWIFT

    People Daily 20 Dec 2024
    China's Hong Kong Special Administrative Region is the largest market for offshore yuan transactions, taking up 76.18 percent, followed by the UK at 6.16 percent and Singapore at 3.76 percent, the report said ... sustained economic recovery, and foreign exchange market resilience....
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    Crypto has a chance to join polite society — if it can get out of ...

    CNN 20 Dec 2024
    The industry is quick to argue that it’s not looking for special treatment, just a regulatory regime that isn’t trying to smother crypto businesses or force them offshore. “If you’re a regulator… you don’t get to pick and choose which markets exist — your job is to sort of accept ......
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    ADNOC L&S Expands Offshore Asset Portfolio in 2024

    The Arabian Post 19 Dec 2024
    ADNOC L&S aims to meet the increasing demand for offshore production and logistics services while reinforcing its position in the competitive energy market ... offshore logistics as key factors enabling the company to stay competitive and meet the needs of the global energy market....
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    Offshore Service Vessels: What’s in Store in 2025

    MarineLink 19 Dec 2024
    Overall, we find continued strides for the better in the offshore support market although we foresee an industry that will not fire on all cylinders, at least not quite yet ... Similarly, postponements and failure to approve new projects has seen major developments offshore Malaysia come to a halt....
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    Britoil brings China’s abandoned anchor handlers to life

    Tradewinds 19 Dec 2024
    Two unwanted offshore support vessels abandoned at Chinese shipbuilder Nantong Tongshun Shiprepair & ......
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    ADNOC L&S adds 20 offshore assets in 2024

    Urdu Point 19 Dec 2024
    ... the United States and the North Sea, and is exploring further growth opportunities in these markets.</p><p>Integrated Logistics is the largest operating segment in ADNOC L&amp;S and includes Offshore Contracting, Offshore Services and Offshore Project activities....
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    Shaping energy markets in 2025: 12 trends to watch

    The Arabian Post 19 Dec 2024
    ... Artem Abramov, Head of Clean Tech Research, Lars Nitter Havro, Head of Energy Macro Research, Yvonne Lam, Head of CCUS Research, Minh Khoi Le, Head of Hydrogen Research, Oddmund Fore, Head of Shipping & Offshore Markets, all of Rystad Energyvia Shaping energy markets in 2025....
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    Our problem is not markets that are too volatile – It’s traders that are too sensitive

    Cryptopolitan 19 Dec 2024
    Federal Reserve Chair Jerome Powell shook financial markets this week, delivering a reality check that left traders scrambling ... The selloff was brutal—the worst post-meeting market reaction since the pandemic ... Powell’s “neutral” stance rattles markets ... Markets adjusted quickly—and violently ... Global markets feel the heat....

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