Exam: BEC Preliminary

Definition: A person or entity that does not purchase goods or services from a business.

Example: The company is trying to convert noncustomers into loyal clients.

Definition: A store where people can buy or sell items, often valuable, and where items can be given as collateral for loans.

Example: I went to the pawnshop to see if I could sell my old guitar.

Definition: A person who travels around selling goods, often from place to place, such as on the street or door to door.

Example: The peddler sold fresh fruits and vegetables to the people in the neighborhood.

Definition: To purchase something before it is available for general sale.

Example: Many customers choose to prebuy tickets for the concert to ensure they get a good seat.

Definition: A special sale that happens before the main sale, often allowing customers to buy items early or at a lower price.

Example: The presale for the concert tickets sold out in just a few hours.

Definition: A type of currency used in Switzerland, equivalent to a centime.

Example: I exchanged my dollars for rappen at the bank.

Definition: A type of poker tournament where players can buy additional chips while the game is ongoing.

Example: In the rebuy tournament, I was able to buy more chips after losing my initial stack.

Definition: To purchase something again that was previously bought or sold.

Example: After selling his old guitar, he decided to rebuy it when he had enough money.

Definition: A written statement that shows that something has been received, especially money or goods.

Example: I kept the receipt to return the shirt if it didn't fit.

Definition: A document that shows that something has been received, usually after a payment or delivery.

Example: I kept the receipt to return the shoes if they didn't fit.

Definition: To give a written acknowledgment that something has been received, especially money or goods.

Example: The cashier will receipt your payment after you make a purchase.

Definition: A person who works in an office and is responsible for greeting visitors and answering phone calls.

Example: The receptionist welcomed the guests as they arrived at the hotel.

Definition: The act of selling something, often at a reduced price, or an event where items are sold to customers.

Example: I found a great jacket at the sale for half the original price.