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The following provides a definition and meaning for the term Vendor:

Definition - the strict definition

  1. A person or company offering something for sale, esp. a trader in the street- an Italian ice cream vendor
  2. A person or company whose principal product lines are office supplies and equipment
  3. The seller, esp. of property

Meaning - how it relates to pharmacy sales

In real estate, the term Vendor refers to the last formal definition:
"The seller"

In the case of Pharmacy Sales, the Vendor is the Pharmacist who is selling the business.

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