Counterpurchase
Definition & Meaning
Part of speech noun
Quick meaning: Counterpurchase is a noun meaning To engage in such a purchase.
Meaning
To engage in such a purchase.
More Meanings
- (economics) A form of countertrade in which an exporter purchases goods from another country in exchange for that country purchasing goods from the exporter.
Word Forms
- counterpurchases
- counterpurchasing
- counterpurchased
Related Words
Related dictionary entries include countertrade, offset, contra, trade, part exchange, coemption.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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