In accounting , purchases is the amount of goods a company bought throughout this year. Through Theresa I have received your message that you need an embroidered cloak to wear, so I will go and purchase one.
A product or service that has been bought by an individual or business. Use 'purchase' in a Sentence Sometimes a major purchase will cost a whole lot of money and it will be up to you to figure out if its worth it. The purchase was made by the marketing manager after it was signed off on by the vice president of sales. The president faced a lot of scrutiny after making a big land purchase in the Pacific Ocean that his opponents deemed unnecessary.
You Also Might Like The 10 Steps of the Procurement Cycle. Management in any company must understand the art of obtaining products and services. The procurement cycle follows specific steps for identifying a requirement or need of the company through the final step of the award of the product or contract.
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Synonyms for purchase Synonyms: Verb buy , pick up , take Visit the Thesaurus for More. Examples of purchase in a Sentence Verb He purchased a new suit for a hundred dollars.
I need to purchase a new heavy coat. Noun The CD player is guaranteed for one year from the date of purchase. The car was an expensive purchase. He displayed his recent purchases with pride. The ice made it impossible for the car's wheels to gain a purchase on the road. The surface was so slick that the wheels couldn't gain purchase. Recent Examples on the Web: Verb The first part of the collection can be purchased online beginning today and at select stores this weekend.
First Known Use of purchase Verb 14th century, in the meaning defined at transitive sense 1a Noun 14th century, in the meaning defined at sense 1.
The vessel was in ballast, and had brought money to make her purchases with. Then it's decided, we are going to make our purchases there? Quite thunderstruck, she hastily placed her purchases in . purchases definition. A temporary account used in the periodic inventory system to record the purchases of merchandise for resale. (Purchases of equipment or supplies are not recorded in the purchases account.) This account reports the gross amount of purchases of merchandise. to be sufficient to buy: Twenty dollars purchases a subscription. Law. to acquire (land or other property) by means other than inheritance. to move, haul, or raise, especially by applying mechanical power.