- verbpurchase (verb) · purchases (third person present) · purchased (past tense) · purchased (past participle) · purchasing (present participle)
- acquire (something) by paying for it; buy:"Mr. Gill spotted the manuscript at a local auction and purchased it for $1,500"
- archaicobtain or achieve with effort or suffering:"the victory was purchased by the death of Rhiwallon"
- nauticalhaul in (a rope or cable) or haul up (an anchor) by means of a pulley, lever, etc..
nounpurchase (noun) · purchases (plural noun)- the action of buying something:"the large number of videos currently available for purchase" · "we carefully make our purchases after consulting each other"
- a thing that has been bought:"she stowed her purchases in the car"
- lawthe acquisition of property by means other than inheritance.
- archaicthe annual rent or return from land:"a lease valued at seven year's purchase"
- a hold or position on something for applying power advantageously, or the advantage gained by such application:"the horse's hooves fought for purchase on the slippery pavement" · "an attempt to gain a purchase on the soft earth"
- a block and tackle.
OriginMiddle English: from Old French pourchacier ‘seek to obtain or bring about’, the earliest sense also in English, which soon gave rise to the senses ‘gain’ (hence, in nautical use, the notion of ‘gaining’ one portion of rope after another) and ‘buy’.Similar and Opposite Wordsverbnoun- a hold or position on something for applying power advantageously, or the advantage gained by such application:
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- In law, the term “purchase” is used to describe any mode of acquiring real property other than by inheritance12. In its most technical sense, purchase refers to the lawful acquisition of real estate by any means except descent2. The term “purchase” can also refer to taking property by sale, lease, discount, negotiation, mortgage, pledge, lien, security interest, issue or reissue, gift, or any other voluntary transaction creating an interest in property3. A purchase agreement is a legally binding contract between a buyer and seller that outlines the purchase price and other conditions under a title transfer4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The word “purchase” is used in law in contradistinction to “descent,” and means any other mode of acquiring real property than by the common course of in- heritance.thelawdictionary.org/purchase/In its most enlarged and technical sense, purchase signifies the lawful acquisition of real estate by any means whatever, except descent. It is thus defined by Littleton, section 12.legal-dictionary.thefreedictionary.com/purchase(29) " Purchase " means taking by sale, lease, discount, negotiation, mortgage, pledge, lien, security interest, issue or reissue, gift, or any other voluntary transaction creating an interest in property.www.law.cornell.edu/ucc/1/1-201A purchase agreement is a legally binding contract between a buyer and seller. These agreements usually relate to the buying and selling of goods instead of services, and they can cover transactions for just about any type of product. In real estate, a purchase agreement outlines the purchase price and other conditions under a title transfer.www.upcounsel.com/definition-of-purchase-agree…
Purchase legal definition of Purchase
WEBIn common parlance, purchase signifies the buying of real estate and of goods and chattels. A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier.
Purchase Order
A document authorizing a seller to deliver goods, with payment to be made at a …
Legal Dictionary
Purchase To buy; the transfer of property from one person to another by an …
See results only from legal-dictionary.thefreedictionary.com
§ 1-201. General Definitions. | Uniform Commercial Code | US …
WEBThe web page provides the legal definition of purchase and related terms in the Uniform Commercial Code, a set of laws governing commercial transactions in the United …
PURCHASE Definition & Meaning - Black's Law Dictionary
WEBPURCHASE Definition & Legal Meaning. Definition & Citations: The word “purchase” is used in law in contradistinction to “descent,” and means any other mode of acquiring …
- Estimated Reading Time: 1 min
Purchasing Law and Legal Definition | USLegal, Inc.
WEBPurchasing Law and Legal Definition. Purchasing is the act of buying the goods and services that a company needs to operate and/or manufacture products.
Purchase - FindLaw Dictionary of Legal Terms
WEBWhat is 'Purchase'? Learn more about legal terms and the law at FindLaw.com.
- Estimated Reading Time: 3 mins
Purchase Order Law and Legal Definition | USLegal, Inc.
WEBPurchase Order Law and Legal Definition. A purchase order represents the formal and final agreement to a purchasing transaction with a vendor. It identifies: the vendor. the …
Purchase order vs. purchase agreement | LegalZoom
WEBFeb 2, 2024 · Purchase orders and purchase agreements are both legal documents used in the purchase of goods. A purchase agreement is also used in real estate transactions. …
Purchases legal definition of purchases
WEBPurchase To buy; the transfer of property from one person to another by an agreement. Under the Uniform Commercial Code (UCC), taking by sale, discount, negotiation, …
Definition: purchase from 26 USC § 338 (h) (3) | LII / Legal ...
WEB(3) Purchase (A) In general The term “purchase” means any acquisition of stock, but only if— (i) the basis of the stock in the hands of the purchasing corporation is not determined …
purchase Definition, Meaning & Usage | Justia Legal Dictionary
WEBpurchase - The act of acquiring real property in ways other than through descent or inheritance.
Definition of PURCHASE • Law Dictionary • TheLaw.com
WEBLegal definition for PURCHASE: In its most enlarged and technical sense, purchase signifies the lawful acquisition of real estate by any means whatever, except descent. It …
What are Purchase Agreements Used For? | LegalMatch
WEBDec 3, 2020 · A purchase agreement is a legally binding contract between a purchaser and a seller. It is a legal document that outlines the different terms and conditions that …
What is a Purchase Order and How Does It Work? - Bench …
WEBPurchase orders get around that ambiguity by bringing both parties together in a mutually-binding contract and serving as an on-the-record legal document. Once a vendor …
18 U.S. Code § 932 - LII / Legal Information Institute
WEBIt shall be unlawful for any person to knowingly purchase, or conspire to purchase, any firearm in or otherwise affecting interstate or foreign commerce for, on behalf of, or at the …
Purchaser Law and Legal Definition | USLegal, Inc.
WEBIt is someone who provides something of value, such as money, under a contract of sale to obtain goods or services from a seller. In a strict legal sense, a purchaser …
Sales and Purchase Agreement (SPA): What It Is, With Examples
WEBMay 31, 2024 · A sales and purchase agreement (SPA) is a binding legal contract that obligates a buyer to buy and a seller to sell a product or service. SPAs are often used in …
Purchase Definition & Meaning - Merriam-Webster
WEBJun 2, 2012 · The meaning of PURCHASE is to obtain by paying money or its equivalent : buy. How to use purchase in a sentence.
Purchase Order legal definition of Purchase Order
WEBA document authorizing a seller to deliver goods, with payment to be made at a later date. A purchase order is a written authorization requesting a vendor to furnish goods to …
Definition of PURCHASE AGREEMENT • Law Dictionary • …
WEBLegal definition for PURCHASE AGREEMENT: An contract to buy or purchase goods, services or other items which contains the terms and essential conditions.
Purchase Order Definition: 17k Samples | Law Insider
WEBPurchase Order means the form or format a Customer uses to make a purchase under the Contract (e.g., a formal written purchase order, electronic purchase order, procurement …
asset purchase agreement - LII / Legal Information Institute
WEBAn asset purchase agreement is a contract under which a seller transfers to a buyer a portion or all of the assets of an entity.
Terms of Purchase Definition | Law Insider
WEBTerms of Purchase means the Quantum sales and support terms and conditions (however titled) accompanying the Sales Quote (also available at xxx.Xxxxxxx.xxx) unless other …
What To Know About Bump Stocks After Supreme Court Lifts …
WEB2 days ago · The Supreme Court struck down a Trump-era ban on “bump stocks” for guns on Friday—devices that allow a semi-automatic rifle to fire shots rapidly, mimicking a …
Boat/Vessel Registration - California DMV
WEBA Statement of Facts (REG 256) form, in case you do not have a copy of the bill of sale. You can register your boat/vessel at any DMV field office, or mail your registration …
What is compliance? - TechTarget
WEBcompliance validation: In compliance , validation is a formal procedure to determine how well an official or prescribed plan or course of action is being carried out. When …
as is | Wex | US Law | LII / Legal Information Institute
WEB“As is” refers to a term used in sales contracts where the buyer agrees to buy a product in its current condition, without legal recourse should the buyer discover a defect in the …
Together Against Trafficking in Human Beings - European …
WEBApr 23, 2024 · Facts about trafficking in human beings. 37% of the victims of trafficking in the EU are EU citizens, and a significant number of them are trafficked within their own …