noun
- companies or individuals that buy products in bulk and repackage them into smaller quantities for resale
- entities that take existing financial products or investments and restructure them into new packages
Usage: business; commerce
Usage: finance
Examples
- The repackagers bought medicine in large containers and sold it in individual doses.
- Food repackagers often add their own labels to bulk products.
- Investment repackagers created new securities from existing mortgage loans.
- The company works with repackagers to distribute their products nationwide.
- Pharmaceutical repackagers must follow strict FDA regulations.
- Some repackagers specialize in organic and specialty foods.