WHOLESALE Definition

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WHOLESALE is the selling of goods to retail merchants; usually in large quantities for resale to consumers.

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ITEMIZED DEDUCTIONS is amounts paid by an individual taxpayer for personal and quasi-business expenses that can be deducted in computing taxable income, such as medical expenses, property and income taxes, mortgage and investment interest, charitable contributions, moving expenses, casualty and theft losses, and certain miscellaneous expenses. See STANDARD DEDUCTIONS.

CARD is Certificate for Amortizing Revolving Debts; an asset-backed security backed by credit card receivables.

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