Updated: Aug 20, 2021

A person who buys things, usually for money. In their role as a consumer everybody is a buyer, but firms employ specialist buyers. In the case of goods which vary in quality, design, or specification, or where suppliers are difficult to track down, a buyer is a highly skilled expert whose services are vital to the firm.

Reference: Oxford Press Dictonary of Economics, 5th edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.