What is the origin of purchase?
1300, purchasen, “acquire, obtain; get, receive; procure, provide,” also “accomplish or bring about; instigate; cause, contrive, plot; recruit, hire,” from Anglo-French purchaser “go after,” Old French porchacier “search for, procure; purchase; aim at, strive for, pursue eagerly” (11c., Modern French pourchasser), from …
What is the full meaning of purchase?
1a : to obtain by paying money or its equivalent : buy. b : to acquire (real estate) by means other than descent. c : to obtain by labor, danger, or sacrifice. d archaic : gain, acquire.
What is the origin of the word of?
Old English of, unstressed form of æf (prep., adv.) “away, away from,” from Proto-Germanic *af (source also of Old Norse af, Old Frisian af, of “of,” Dutch af “off, down,” German ab “off, from, down”), from PIE root *apo- “off, away.”
What is the meaning of purchase in accounting?
Purchases in accounting is the cost of buying inventory or goods during a period with the aim of resale in the ordinary course of the business. Hence, Purchases is a kind of expense and it is therefore included in the income statement within the cost of goods sold.
What is purchasing in simple words?
Purchasing is the buying of goods or services. An item that has been bought is called a purchase. The opposite of a purchase is a sale.
What is the opposite in meaning of purchased?
Opposite of to buy or procure by payment. sell. retail. merchandise. peddle.
What is the meaning of purchase in business?
Purchasing is the act of buying the goods and services that a company needs to operate and/or manufacture products.
Is purchase a noun?
Answer. The noun purchase can be countable or uncountable. In more general, commonly used, contexts, the plural form will also be purchase . However, in more specific contexts, the plural form can also be purchases e.g. in reference to various types of purchases or a collection of purchases.
Is buy a verb?
buy verb conjugation to all tenses, modes and persons. Search the definition and the translation in context for ” buy “, with examples of use extracted from real-life communication. Similar English verbs: underbuy, bulkbuy, overbuy Conjugate also render, smuggle, dissipate, accede, warp, tell, transmit, probe, revenge, paint
What is the definition of buying?
Definition of buy. 1 : something of value at a favorable price especially : bargain It’s a real buy at that price. 2 : an act of acquiring possession, ownership, or rights to the use or services of something by payment especially of money : an act of buying (see buy entry 1 sense 1) : purchase an undercover drug buy.
What does buy mean?
Buy(verb) to acquire the ownership of (property) by giving an accepted price or consideration therefor, or by agreeing to do so; to acquire by the payment of a price or value; to purchase; — opposed to sell.