Purchase Definition
purchase
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English
Etymology
From Middle English purchasen, from Anglo-Norman purchacer (“to seek, to obtain”) (Compare Old French porchacier (“to follow, to chase”)) itself from pur- (Latin pro-) + chac(i)er
Pronunciation
- IPA: /ˈpɜːtʃəs/, IPA: /ˈpɚːtʃəs/
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Audio (US) (file)
Noun
purchase (countable and uncountable; plural purchases)
- The act or process of seeking and obtaining something (e.g. property, etc.)
- An individual item one has purchased.
- The acquisition of title to, or property in, anything for a price; buying for money or its equivalent.
- They offer free with the purchase of a drink.
- That which is obtained, got or acquired, in any manner, honestly or dishonestly; property; possession; acquisition.
- That which is obtained for a price in money or its equivalent.
- He was pleased with his latest purchase.
- (uncountable) Any mechanical hold or advantage, applied to the raising or removing of heavy bodies, as by a lever, a tackle or capstan.
- It is hard to get purchase on a nail without a pry bar or hammer.
- The apparatus, tackle or device by which such mechanical advantage is gained.
- (rock climbing, uncountable) The amount of hold one has from an individual foothold or ledge.
- (law, dated) Acquisition of lands or tenements by means other than descent or inheritance, namely, by one's own act or agreement.
Derived terms
Verb
purchase (third-person singular simple present purchases, present participle purchasing, simple past and past participle purchased)
- To pursue and obtain; to acquire by seeking; to gain, obtain, or acquire.
- To buy, obtain by payment of a price in money or its equivalent.
- to purchase land, to purchase a house.
- To obtain by any outlay, as of labor, danger, or sacrifice, etc.
- to purchase favor with flattery.
- To expiate by a fine or forfeit.
- To apply to (anything) a device for obtaining a mechanical advantage; to get a purchase upon, or apply a purchase to.
- to purchase a cannon
- To put forth effort to obtain anything; to strive; to exert one's self.
- To constitute the buying power for a purchase, have a trading value.
- Many aristocratic refugees' portable treasures purchased their safe passage and comfortable exile during the revolution
Synonyms
- (buy): procure
Derived terms
- purchable
- purchasing agent
- purchasing power
Translations
to obtain by paying money or its equivalent; to buy for a price
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Fight Hype
Sun, 13 Mar 2011 22:16:32 -0700
In my opinion, this purchase is exactly what White summarized in his interview. Horizontal development is growth by increasing more of what a prosperous brand is currently doing, expanding geographical territory, and/or internal expansion, ...
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Purchasing refers to a business or organization attempting for acquiring goods or services to accomplish the goals of the enterprise. Though there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes Expediting, Supplier Quality, and Traffic and Logistics (T&L) in addition to Purchasing.
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