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| Definition Of: |
Company Automotive Outlet
Any retail outlet selling motor fuel under a reporting company brand name. 1) Company operated. A company retail outlet which is operated by salaried or commissioned personnel paid by the reporting company. 2) Lessee. An independent marketer who leases the station and land and has use of tanks, signs, etc. A lessee dealer typically has a supply agreement with a refiner or a distributor and purchases products at dealer tank wagon prices. The term "lessee dealer" is limited to those dealers who are supplied directly by a refiner or any affiliate or subsidiary company of a refiner. "Direct supply" includes use of commission agent common carrier delivery. 3) Open. An independent marketer who owns or leases (from a third party who is not a refiner) the station or land of a retail outlet and has use of tanks, pumps, signs, etc. An open dealer typically has a supply agreement with a refiner or a distributor and purchases products at or below dealer tank wagon prices. (DOE5)
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Transportation Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 2 3 4 5 6 A: Page 1 of 6.
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