Purchasing
Definition, Meaning & Examples
Part of speech verb
Quick meaning: Purchasing is a verb meaning present participle and gerund of purchase.
Meaning
present participle and gerund of purchase.
More Meanings
- An act or process of making a purchase.
- A part of an organization that manages such processes
- (business, government) A complex, organized process in large organizations for obtaining goods that may include identification of requirements, approvals, supplier management, negotiation, receipt of goods, and payment.
Example Sentences
As our exports and imports are now nearly in balance, it is assumed that such bargaining, if agreed to, would induce the debtor nations to greatly increase their purchasings from us […]
Word Forms
- purchasings
Synonyms for purchasing
Depending on context, synonyms include procurement, buying.
Related Words
Related dictionary entries include buying, buyer, sale, buy, buyback, spending.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.