What is the difference between joblot and lot?

Definitions

joblot

- Referring to a large quantity of items sold together as a single lot. - Describing a collection of goods that are sold at a discounted price due to being overstocked or discontinued. - Talking about a group of items that are sold together in an auction or liquidation sale.

- Referring to a portion or parcel of land. - Describing a group of items sold together as a single unit. - Talking about a decision made by chance, such as drawing lots or casting lots.

List of Similarities

  • 1Both refer to a group or collection of items.
  • 2Both can be sold together as a single unit.
  • 3Both can be used in the context of auctions or sales.
  • 4Both can be used to describe a quantity of something.

What is the difference?

  • 1Type of items: Joblot refers specifically to a group of items sold together, often at a discounted price, while lot can refer to any group of items sold together.
  • 2Purpose: Joblot is often used to describe a group of items that are sold together due to being overstocked or discontinued, while lot can be used in various contexts.
  • 3Size: Joblot typically refers to a larger quantity of items sold together than lot.
  • 4Connotation: Joblot is associated with a discounted price or bargain, while lot does not have this connotation.
  • 5Usage: Joblot is less common and more specific than lot, which has a wider range of uses.
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Remember this!

Joblot and lot both refer to a group or collection of items sold together. However, joblot is more specific and often refers to a large quantity of items sold together at a discounted price due to being overstocked or discontinued. On the other hand, lot is a more general term that can refer to any group of items sold together.

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