purchase noun - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “purchase”

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purchase

noun
 
 
/ˈpɜːtʃəs/ 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 , bond purchase agreement , compulsory purchase , compulsory purchase order , counterpurchase , hire purchase , impulse purchase , money-purchase , point of purchase , proof of purchase
(Definition of purchase noun from the Cambridge Business English Dictionary © Cambridge University Press)
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