Hello Lee, you're right! A vendor is a company/organization that provides you with a good or service. In the business sense of the word it's often a company with which your company has a working partnership with to receive services. For example, I worked at a hotel and we used a vendor to run our booking platform. We had a working relationship with the vendor and we used their services to perform an action at our resort. Another example is a festival. At a festival you'll see multiple different vendors (ex: ice cream truck, hot dog stand etc.) selling different services to attendees. Hope this helps!