A fabricator is an employee who converts materials into units, parts, or items. They can function as an assembler or a manufacturer of goods or materials. Custom fabricators, in particular, manufacture goods to specific orders.
The Manufacturer's Suggested Retail Price (MSRP) is the price that a product's producer recommends it be sold for in retail stores. The MSRP is not mandatory, meaning sellers can choose to sell the product at prices above or below the MSRP, but it is a common practice for ensuring standardized pricing across different retail locations.
A manufacturer's discount offered to a retailer or wholesaler for buying large quantities of merchandise, encouraging bulk purchasing and long-term business relationships.
A warranty is a guarantee provided by a seller to a buyer that the goods or services purchased will perform as promised. If not, a refund, exchange, or repair will be offered at no charge.
