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Definition of vendor: a person who sells something, especially a property Example: the solicitor acting on behalf of the vendor Dictionary Term of Day Articles Subjects Sign Up BusinessDictionary
Retailers are vendors of products to consumers. In information technology as well as in other industries, the term is commonly applied to suppliers of goods and services to other companies. A tier 1 vendor is a large and well-known vendor, often enjoying national or international recognition and acceptance.Tier 1 vendors may be both manufacturers and value-added resellers (VAR s). A tier 2 vendor is a smaller and less well-known provider that is often also limited in its geographic coverage as well.n information technology as well as in other industries, the term is commonly applied to suppliers of goods and services to other companies. A tier 1 vendor is a large and well-known vendor, often enjoying national or international recognition and acceptance.