Salesperson

Direct Seller
A direct seller is a person engaged in the trade or business of selling consumer products directly to the end customer either for personal consumption or resale, often through home-based businesses or personal networks.
Expense Report
A comprehensive document detailing the expenses incurred by a salesperson or executive, including categories such as transportation, lodging, meals, and client entertainment, typically submitted for employer reimbursement.
Real Estate Broker
A Real Estate Broker arranges the purchase or sale of property for a buyer or seller in return for a commission. Brokers must be licensed by the state, and salespeople, who are also licensed, work under brokers.
Salesperson
A salesperson is an individual whose primary responsibility is selling products, services, or investments. Salespersons in various industries, such as real estate, insurance, and securities, are often required to hold licenses.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.