What is vender or vendor?

Vender or Vendor is a person or company that sells goods or services to customers, commonly in a retail environment. Vendors can operate in various settings, including physical storefronts, online marketplaces, and business-to-business sales. They can sell a wide range of products, including food, clothing, electronics, software applications, and professional services. Vendors typically purchase their inventory from manufacturers or wholesalers at a lower cost and increase the price to earn a profit. In some cases, vendors may be independent individuals or small businesses, while others may be part of a larger organization. Vendors play a crucial role in the economy, providing consumers with the goods and services they need and supporting job creation and economic growth.