- Point-of-sale is the location at which a retail good is sold.
The cash register where a retail item is bought is an example of the point-of-sale.
Used by arrangement with John Wiley & Sons, Inc.
- pointˌ-of-saleˈ adjective
point-of-sale - Computer Definition
Capturing data at the time and place of sale. Point of sale systems use computers or specialized terminals that are combined with cash registers, bar code readers, optical scanners and magnetic stripe readers for accurately and instantly capturing the transaction. Point of sale systems may be online to a central computer for credit checking and inventory updating, or they may be stand-alone machines that store the daily transactions until they can be delivered or transmitted to the main computer for processing. See keyboard wedge and self checkout.
Computer Desktop Encyclopedia
THIS DEFINITION IS FOR PERSONAL USE ONLY
All other reproduction is strictly prohibited without permission from the publisher.
© 1981-2014 The Computer Language Company Inc. All rights reserved.