what is purchase - Search
  1. Dictionary

    pur·chase
    [ˈpərCHəs]
    verb
    purchase (verb) · purchases (third person present) · purchased (past tense) · purchased (past participle) · purchasing (present participle)
    1. acquire (something) by paying for it; buy:
      "Mr. Gill spotted the manuscript at a local auction and purchased it for $1,500"
      • archaic
        obtain or achieve with effort or suffering:
        "the victory was purchased by the death of Rhiwallon"
    2. nautical
      haul in (a rope or cable) or haul up (an anchor) by means of a pulley, lever, etc..
    noun
    purchase (noun) · purchases (plural noun)
    1. the action of buying something:
      "the large number of videos currently available for purchase" · "we carefully make our purchases after consulting each other"
      • a thing that has been bought:
        "she stowed her purchases in the car"
      • law
        the acquisition of property by means other than inheritance.
      • archaic
        the annual rent or return from land:
        "a lease valued at seven year's purchase"
    2. a hold or position on something for applying power advantageously, or the advantage gained by such application:
      "the horse's hooves fought for purchase on the slippery pavement" · "an attempt to gain a purchase on the soft earth"
      • a block and tackle.
    Origin
    Middle English: from Old French pourchacier ‘seek to obtain or bring about’, the earliest sense also in English, which soon gave rise to the senses ‘gain’ (hence, in nautical use, the notion of ‘gaining’ one portion of rope after another) and ‘buy’.
    Translate purchase to
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    Similar and Opposite Words
    noun
    1. a hold or position on something for applying power advantageously, or the advantage gained by such application:
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    2. A purchase is an acquisition of goods or services, while an expense is an amount spent for these goods or services.
      www.financestrategists.com/accounting/purchases/
      A purchase involves the acquisition of goods or services in exchange for a payment of some kind. The payment is usually in cash or credit (to be paid later). A purchase may also be part of a barter transaction where different non-cash assets are exchanged, or it may be in exchange for the assumption of a liability.
      www.accountingtools.com/articles/purchase
      Buying is considered a general term, which is most commonly used to refer to everyday goods and commodities, while, purchase is considered to be a more formal word than buy. Purchasing is often used to refer to contracts and big products, whereas buying is inferred for small products.
      english.stackexchange.com/questions/212060/diffe…
      Purchasing is a direct process involving buying the commodity for price. As against procurement involves all the steps that lead to the obtaining of commodity, whether it is taken before, during or after the purchase.
      keydifferences.com/difference-between-purchasin…
       
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