2 Key Terms Flashcards
1
Q
Central Selling Organisation (CSO)
A
An agency designed to purchase, sort, evaluate, and sell rough diamonds.
2
Q
Digger
A
An independent diamond prospector.
3
Q
Dry diggings
A
A prospector’s term for diamond deposits away from water.
4
Q
London Diamond Syndicate
A
A group of diamond merchants that united in 1890 to buy and sell rough diamonds.
5
Q
Diamond pipeline
A
The path diamonds followed from the mine to the consumer.
6
Q
Sight
A
Trading event where selected clients buy rough diamonds.
7
Q
Sightholder
A
A diamond manufacturer or dealer invited by De Beers to buy rough diamonds.
8
Q
Single-channel marketing
A
A direct, centrally controlled marketing route for rough diamonds.
9
Q
Special
A
A rough diamond over 10.80 cts., sold separately to a sightholder who specializes in larger stones.
