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"Point of sale" Definition:
Point of sale or point of service (POS or PoS) can mean a retail shop, a checkout counter in a shop, or the location where a transaction occurs. By synecdoche point of sale often refers to a POS terminal or more generally to the hardware and software used for checkouts – the equivalent of an electronic cash register. Point of sale systems are used in supermarkets, restaurants, hotels, stadiums, and casinos, as well as almost any type of retail establishment.
(This definition is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Point of sale".)
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