Purchase

To buy, to be long, to have an ownership position. The New York Times Financial Glossary

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I. purchase pur‧chase 1 [ˈpɜːtʆs ǁ ˈpɜːr-] noun COMMERCE
1. [uncountable] the act of buying something:

• Keep the receipt as your proof of purchase.

• the date of purchase

House purchase is the biggest decision that most people make.

• the purchase of shares in Manpower Incorporated

2. make a purchase to buy something:

• According to our records she made a number of purchases from our Oxford Street store.

3. [countable] something that has been bought:

• If you are not satisfied with your purchase, we will give you a full refund.

• We offer discounts on multiple purchases.

— see also compulsory purchase, hire purchase
  [m0] II. purchase purchase 2 verb [transitive] formal COMMERCE
to buy something, especially something big or expensive:

• a loan to purchase a new car

• The property was purchased for investment purposes.

• A public company cannot purchase its own shares out of capital.

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Ⅰ.
purchase UK US /ˈpɜːtʃəs/ noun FORMAL COMMERCE
[C] something that you buy: »

How do you wish to pay for your purchases?

a big/major purchase »

A car is a major purchase.

[C or U] the act of buying something: »

No purchase is necessary for you to enter this competition.

»

If you wish to make a purchase, we will require your credit card details.

»

Tax on the purchase of medical equipment can be reclaimed.

»

This product may be frozen. If required, freeze on day of purchase.

»

Similar products are available for purchase in the gift shop.

»

house/ticket/share purchase

See also ADVANCE PURCHASE FARE(Cf. ↑advance purchase fare), BOND PURCHASE AGREEMENT(Cf. ↑bond purchase agreement), COMPULSORY PURCHASE(Cf. ↑compulsory purchase), COMPULSORY PURCHASE ORDER(Cf. ↑compulsory purchase order), COUNTERPURCHASE(Cf. ↑counterpurchase), HIRE PURCHASE(Cf. ↑hire purchase), IMPULSE PURCHASE(Cf. ↑impulse purchase), MONEY-PURCHASE(Cf. ↑money-purchase), POINT OF PURCHASE(Cf. ↑point of purchase), PROOF OF PURCHASE(Cf. ↑proof of purchase)
Ⅱ.
purchase UK US /ˈpɜːtʃəs/ verb [T] COMMERCE
FORMAL to buy something: »

Tickets must be purchased two weeks in advance.

purchase sth for $100/£2000, etc. »

The company was purchased for £3.5 billion.

purchase sth at sth »

Class A shares may be purchased at the offering price.

purchase sth from sth »

The batteries can be purchased from any electrical store.

See also OFFER TO PURCHASE(Cf. ↑offer to purchase), OPTION TO PURCHASE(Cf. ↑option to purchase), REPURCHASE(Cf. ↑repurchase) verb

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • Purchase — Pur chase (?; 48), n. [OE. purchds, F. pourchas eager pursuit. See {Purchase}, v. t.] 1. The act of seeking, getting, or obtaining anything. [Obs.] [1913 Webster] I ll . . . get meat to have thee, Or lose my life in the purchase. Beau. & Fl.… …   The Collaborative International Dictionary of English

  • purchase — pur·chase 1 vb pur·chased, pur·chas·ing vt 1: to acquire (real property) by means other than descent or inheritance 2: to obtain by paying money or giving other valuable consideration; specif: to take (property) by a voluntary transaction (as a… …   Law dictionary

  • Purchase — Pur chase (?; 48), v. t. [imp. & p. p. {Purchased}; p. pr. & vb. n. {Purchasing}.] [OE. purchasen, porchacen, OF. porchacier, purchacier, to pursue, to seek eagerly, F. pourchasser; OF. pour, por, pur, for (L. pro) + chacier to pursue, to chase.… …   The Collaborative International Dictionary of English

  • Purchase — ist der Familienname von Zac Purchase (* 1986), britischer Ruderer Purchase heißt der Ort Purchase (New York) im Westchester County im US Bundesstaat New York Purchase (in der Bedeutung Landkauf ) steht für u.a.: Gadsden Purchase, Vereinigte… …   Deutsch Wikipedia

  • Purchase — (New York) Purchase Pays  États Unis État New York Comté Westchester S …   Wikipédia en Français

  • purchase — [n] possession obtained with money acquirement, acquisition, asset, bargain, booty*, buy, gain, investment, property, steal; concepts 446,710 Ant. sale, sell purchase [v] buy, obtain achieve, acquire, attain, come by, cop*, deal in, earn, gain,… …   New thesaurus

  • Purchase — Pur chase, v. i. 1. To put forth effort to obtain anything; to strive; to exert one s self. [Obs.] [1913 Webster] Duke John of Brabant purchased greatly that the Earl of Flanders should have his daughter in marriage. Ld. Berners. [1913 Webster] 2 …   The Collaborative International Dictionary of English

  • purchase — (v.) late 13c., obtain, contrive, bring about, from Anglo Fr. purchaser go after, from pur forth (possibly used here as an intensive prefix; see PURBLIND (Cf. purblind)) + O.Fr. chacier run after (see CHASE (Cf. chase)). Sense of buy first… …   Etymology dictionary

  • purchase — vb *buy Analogous words: gain, win, *get, obtain, procure, secure …   New Dictionary of Synonyms

  • purchase — both as a noun and as a verb, is a formal word not normally used in general contexts (especially conversation). By contrast buy as a noun is somewhat informal (a good buy), and so English lacks a word of neutral register for the meaning ‘the act… …   Modern English usage

  • purchase — ► VERB ▪ obtain by payment; buy. ► NOUN 1) the action of buying. 2) a thing bought. 3) firm contact or grip. 4) a pulley or similar device for moving heavy objects. DERIVATIVES purchasable …   English terms dictionary

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