preferred vendor Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “preferred vendor” in the English Dictionary

"preferred vendor" in Business English

See all translations

preferred vendornoun [C]

uk   us   (also preferred supplier, approved vendor) COMMERCE
a ​manufacturer or ​seller that has a continuing ​arrangement to ​provide a ​business or ​organization with ​products or ​services, often at a ​reducedprice: It is not uncommon for ​firms to re-evaluate their ​preferredvendorlist every three to five ​years.
(Definition of preferred vendor from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of preferred vendor?
Add Cambridge dictionaries to your browser to your website
Word of the Day

chestnut

a large tree with leaves divided into five parts and large round nuts that can be eaten

Word of the Day

In London but at the station: prepositions for talking about travel
In London but at the station: prepositions for talking about travel
by Liz Walter,
September 02, 2015
Several readers have asked for information on prepositions, so I will start with a blog post that looks at an area where they are really important: travel. The first thing to remember is that we use to (and not ‘in’) after the verb go: We are going to London. I went to

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More