BULK FARE Meaning and
Definition
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Bulk fare refers to a discounted rate or price charged for purchasing a large quantity of goods or services as a whole. It typically applies to transportation services, particularly in the context of air or sea travel. This discounted fare is offered to groups or individuals who purchase a significant number of tickets or book a specified number of seats in advance.
The concept of bulk fare allows travel providers to offer a reduced price to customers who require a substantial number of seats or a certain level of service. In the case of airlines, this may apply to group travel, such as corporate trips or educational tours. By purchasing tickets in bulk, customers are granted a discounted rate per ticket compared to the standard fare for individual bookings. This arrangement benefits both the passengers and the service provider, as it ensures a certain level of business volume for the provider while offering cost savings to the customers.
Bulk fares may also apply to other modes of transportation, such as cruises or train journeys, where group bookings or large-scale travel demand can be accommodated. It is important to note that bulk fare pricing and terms may vary between providers and can be subject to specific conditions, including the number of seats booked, advance purchase requirements, and certain restrictions on date changes or cancellations.
Overall, bulk fare is a pricing strategy that enables customers to access discounted rates for purchasing a significant quantity of tickets or seats, thus providing cost-effective options for group travel arrangements.
Common Misspellings for BULK FARE
- bulk fate
- bulk rare
- vulk fare
- nulk fare
- hulk fare
- gulk fare
- bylk fare
- bhlk fare
- bjlk fare
- bilk fare
- b8lk fare
- b7lk fare
- bukk fare
- bupk fare
- buok fare
- bulj fare
- bulm fare
- bull fare
- bulo fare
- buli fare
Etymology of BULK FARE
The word "bulk" comes from the Middle Dutch word "bolke", meaning "cargo" or "mass". It entered English in the 15th century with the meaning of "cargo" or "load".
The word "fare" is derived from the Old English word "fær", which meant "journey" or "transportation". It evolved to refer specifically to the price or payment for transportation.
Therefore, the term "bulk fare" combines the notion of "bulk" as a large quantity or cargo and "fare" as the price for transportation. It typically refers to a discounted rate or special price offered for group travel or large quantities of goods.
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