# Mass business (bulk business; retailization, retail banking)

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- Post ID: 594618
- Modified: 2023-07-25T21:02:22+00:00
- Language: en

## Definition

Generally, a legal transaction in which the reputation of the person plays no or only a subordinate role and which is typically therefore also established and carried out on a large scale on comparable terms, such as shopping in a supermarket. - The sale of an unusually large quantity of a good to a single buyer, usually at a particularly favorable price, such as in the hawker trade (any sale of a large quantity of materials, merchandise, supplies, or other inventory that is not in the seller's ordinary course of business, usually at a lower-than-market price). - In the financial market, all products and services that are offered in large numbers in the same form. - See securities, McDonaldization, retail business, retail business. - Cf. BaFin Annual Report 2006, p. 34 f. (IOSCO's Customer Suitability Working Group examines retailization). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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