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Vocabulary for IELTS General Training (Band 8-9) - Shopping

Here, you will learn some English words related to Shopping that are necessary for the General Training IELTS exam.

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Vocabulary for General Training IELTS (8-9)
futures contract

an agreement to buy or sell goods or assets at a predetermined price but delivered and paid for at a later time

Ex: Futures contracts are commonly traded on exchanges such as the Chicago Mercantile Exchange , where traders can buy and sell contracts based on the future prices of various financial instruments .
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deal-of-the-day

a limited-time discount or promotion that allows merchants to sell a large number of products at a significant discount

Ex: Fitness enthusiasts eagerly awaited the gym 's deal-of-the-day, which provided discounts on memberships , personal training sessions , and fitness classes for a limited time .
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merchant
merchant
[noun]

someone who buys and sells goods wholesale

Ex: During the festival , the streets were lined with merchants selling their wares to eager customers .
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markup
markup
[noun]

the amount added to the price of something to cover overheads and profit

Ex: The electronics store 's high markup on accessories like cables and chargers helped offset the lower margins on big-ticket items like laptops and TVs .
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BOGOF
BOGOF
[noun]

a sales promotion where customers receive an additional product at no extra cost when purchasing one

Ex: I was thrilled to find a BOGOF on my favorite brand of pasta at the grocery store this week .
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knockoff
knockoff
[noun]

a less expensive and unauthorized copy of something popular

Ex: The counterfeit industry thrives on producing knockoffs of everything from clothing and accessories to electronics and pharmaceuticals .
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loyalty card

a card given by a business to customers as a reward for their repeat purchases, which can be used to earn discounts on future purchases

Ex: Many retailers use digital loyalty cards, allowing customers to access their rewards and track their points through a mobile app .
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layaway
layaway
[noun]

a purchasing contract by which a retailer agrees to hold merchandise secured by a deposit until the price is paid in full by the customer

Ex: Many consumers prefer layaway for big-ticket items like appliances or electronics , as it allows them to avoid high-interest credit card debt and manage their finances responsibly .
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token
token
[noun]

a piece of paper or a disc of metal or plastic used instead of money as a form of payment or to operate some machines

Ex: Children at the amusement park use tokens to ride the carousel and other attractions , with each ride requiring one token .
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best-before date

the date until which a product is expected to remain at its optimal quality, but it may still be consumed after this date

Ex: Some foods are still safe to eat after the best-before date, but they may not taste as good or have the same texture .
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cash and carry

a type of retail model where customers pay for goods upfront and transport them from the store themselves

Ex: During the holiday season , the party planner visited a cash and carry store to purchase large quantities of decorations and party favors at a discounted rate .
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click and collect

a retail service where customers order products online and pick them up in-store or at a specified location

Ex: To avoid shipping fees , I often use the click and collect feature for my online purchases , picking up my items from the store on my way home from work .
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retailer
retailer
[noun]

a store, person, or business that sells goods to the public for their own use, not for resale

Ex: The retailer expanded its operations by opening new stores in different cities .
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to outspend

to spend more money than somebody else

Ex: In an effort to dominate the tech industry , the company decided to outspend its rivals on research and development , leading to faster innovation .
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to undercut

to demand a lower price than one's rivals

Ex: While the market was experiencing fluctuations , airlines were actively undercutting fares to attract passengers .
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to splurge

to spend a lot of money on something trivial that one does not really need

Ex: The couple has recently splurged on a fancy dinner for their anniversary .
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to haggle
to haggle
[Verb]

to negotiate, typically over the price of goods or services

Ex: The customer skillfully haggled with the car salesperson , eventually securing a more favorable deal on the vehicle .
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to outbid
to outbid
[Verb]

to offer a higher price than someone else especially in an auction

Ex: The passionate car collector outbid everyone at the classic car auction , adding a rare 1960s model to his extensive collection .
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to shortchange

to cheat someone by giving back less money than owed

Ex: It 's unethical to shortchange anyone , even by a small amount .
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to upsell
to upsell
[Verb]

to encourage a customer to buy a more expensive or upgraded version of a product or service, or to add additional items to their purchase

Ex: When booking a hotel room , the front desk might attempt to upsell by offering a more luxurious room or additional amenities for a higher price .
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back order

a situation where a product is temporarily out of stock but can be ordered for future delivery

Ex: Sorry , the shoes you want are on back order, can I suggest an alternative ?
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