Job Lot

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Definition of 'Job Lot'

A job lot is a large quantity of goods that are sold at a reduced price. The term is often used in the context of retail sales, where a store may offer a job lot of items that are close to their expiration date or that have been damaged. Job lots can also be found in the wholesale market, where they are often sold to businesses that resell the goods to consumers.

There are a few things to keep in mind when buying a job lot. First, it is important to make sure that the goods are still in good condition. If the items are damaged, they may not be worth the reduced price. Second, it is important to be aware of the return policy. Some retailers may not accept returns on job lots, so it is important to make sure that you are willing to keep the items if you do not like them.

Job lots can be a great way to save money on goods that you need. However, it is important to be aware of the risks involved before making a purchase.

Here are some additional tips for buying a job lot:

* Do your research and compare prices from different retailers.
* Make sure that you understand the return policy before you buy.
* Only buy job lots of items that you need.
* Be prepared to inspect the goods carefully before you buy them.

If you follow these tips, you can avoid any potential problems and get a great deal on a job lot.

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