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Simple English definitions for legal terms
consumer
Read a random definition: LOI
A quick definition of consumer:
A consumer is someone who buys things for themselves or their family to use, not to sell to others. They use the things they buy for personal reasons, not for business.
A more thorough explanation:
Definition: A consumer is a person who purchases goods or services for their own personal, family, or household use, and not for the purpose of reselling them. This refers to individuals who use products for personal rather than business purposes.
Examples:
- John buys a new laptop for his personal use.
- Samantha purchases groceries for her family's consumption.
- Mark buys a new car for his personal transportation needs.
The examples illustrate the definition of a consumer as individuals who buy products for their own personal use, rather than for business purposes. John, Samantha, and Mark are all buying products for their own personal needs, and not for the purpose of reselling them.