middlemen Definition
a person or company that buys goods from producers and sells them to retailers or consumers, often adding their own costs and fees for the service.
Using middlemen: Examples
Take a moment to familiarize yourself with how "middlemen" can be used in various situations through the following examples!
Example
The middlemen in the supply chain are responsible for marking up the prices of the products.
Example
The farmers were unhappy with the low prices they received for their crops due to the middlemen's high fees.
Example
The company decided to cut out the middlemen and sell directly to consumers.
middlemen Synonyms and Antonyms
Synonyms for middlemen
Phrases with middlemen
Example
By cutting out the middleman, the company was able to offer lower prices to customers.
the additional cost added by middlemen to the original price of a product or service
Example
The middleman markup can significantly increase the final price of a product.
Example
The middleman fee was too high, so the farmer decided to sell his produce directly to consumers.
Summary: middlemen in Brief
'Middlemen' [mid-l-men] are people or companies that buy goods from producers and sell them to retailers or consumers, adding their own costs and fees. They are intermediaries in the supply chain, responsible for marking up prices and taking a commission for their services. The phrase 'cut out the middleman' refers to eliminating intermediaries and dealing directly with the source or end user.
