One-Stop Shop

Dictionary Says

Definition of 'One-Stop Shop'


A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers.

Investopedia Says

Investopedia explains 'One-Stop Shop'


For example, a bank may be able to offer you not only personal banking services and loans, but also investment advice, investment vehicles and insurance policies. Compared to visiting a separate institution for each area of need, the "one-stop shop" saves the consumer a lot of time and effort.

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