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    pur·chase
    [ˈpərCHəs]
    verb
    purchase (verb) · purchases (third person present) · purchased (past tense) · purchased (past participle) · purchasing (present participle)
    1. acquire (something) by paying for it; buy:
      "Mr. Gill spotted the manuscript at a local auction and purchased it for $1,500"
      • archaic
        obtain or achieve with effort or suffering:
        "the victory was purchased by the death of Rhiwallon"
    2. nautical
      haul in (a rope or cable) or haul up (an anchor) by means of a pulley, lever, etc..
    noun
    purchase (noun) · purchases (plural noun)
    1. 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"
      • law
        the acquisition of property by means other than inheritance.
      • archaic
        the annual rent or return from land:
        "a lease valued at seven year's purchase"
    2. 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.
    Origin
    Middle 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’.
    Translate purchase to
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    Similar and Opposite Words
    verb
    1. acquire (something) by paying for it; buy:
      buy
      acquire
      obtain
      pick up
      snap up
      take
      secure
      procure
      come by
      pay for
      shop for
      invest in
      put money into
      Opposite:
      sell
      market
    noun
    1. a hold or position on something for applying power advantageously, or the advantage gained by such application:
      grip
      attachment
      hold
      foothold
      footing
      toehold
      anchorage
      support
      grasp
      resistance
      friction
      leverage
      advantage
      firm contact
      fingerhold

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      What is the meaning of purchase?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, mortgage, pledge, lien, issue, reissue, gift, or any voluntary transaction. West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved. PURCHASE.

      Legal Dictionary

      legal-dictionary.thefreedictionary.com
      What does buy mean in law?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, mortgage, pledge, lien, issue, reissue, gift, or any voluntary transaction. West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved. PURCHASE.

      Purchase legal definition of Purchase - TheFreeDictionary.com

      legal-dictionary.thefreedictionary.com
      What does a purchase & sale mean?Second, in the definitions of “purchase” and “sale,” the words “an agreed” were inserted before “exchange for something of value” to clarify that the transaction must be intentional. Such transactions include indirect exchanges of something of value.

      Definition of “Engaged in the Business” as a Dealer in Firearms

      federalregister.gov
      What is a sales and purchase agreement?A sales and purchase agreement is a legally binding agreement obligating a buyer and a seller to terms of a transaction. The SPA outlines all of the terms and conditions of the exchange and must be signed by both parties. Do I Need a Sales and Purchase Agreement?

      Sales and Purchase Agreement (SPA): What It Is, With Examples

      investopedia.com
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    3. 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:
      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.

      PURCHASE Definition & Meaning - Blac…

      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.

      Purchase legal definition of Purchase - T…

      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.

      § 1-201. General Definitions. | Uniform C…

      www.law.cornell.edu/ucc/1/1-201
      A 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.

      What Is the Definition of Purchase Agre…

      www.upcounsel.com/definition-of-purchase-agree…
       
    4. TheFreeDictionary.com Legal Dictionary
      https://legal-dictionary.thefreedictionary.com/purchase

      Purchase legal definition of Purchase - TheFreeDictionary.com …

      • Purchase Order

        Purchase Order. A document authorizing a seller to deliver goods, with payment to …

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    5. LII / Legal Information Institute
      https://www.law.cornell.edu/ucc/1/1-201

      § 1-201. General Definitions. | Uniform Commercial Code | US …

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    6. The Law Dictionary
      https://thelawdictionary.org/purchase

      PURCHASE Definition & Meaning - Black's Law Dictionary

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    7. FindLaw
      https://dictionary.findlaw.com/definition/purchase.html

      Purchase - FindLaw Dictionary of Legal Terms

    8. LegalMatch
      https://www.legalmatch.com/law-library/article/...

      What are Purchase Agreements Used For? | LegalMatch

    9. USLegal, Inc.
      https://definitions.uslegal.com/p/purchasing

      Purchasing Law and Legal Definition | USLegal, Inc.

    10. Ironclad
      https://ironcladapp.com/journal/contracts/purchase...

      What is a Purchase and Sale Agreement? Know the Basics

    11. LegalZoom
      https://www.legalzoom.com/articles/purchase-order...

      Purchase order vs. purchase agreement | LegalZoom

    12. fitterlaw.com
      https://fitterlaw.com/insight/legal-dictionary/define-transactions

      Legal Definition of Transactions: Understanding the Basics

    13. USLegal, Inc.
      https://definitions.uslegal.com/p/purchase-order

      Purchase Order Law and Legal Definition | USLegal, Inc.

    14. UpCounsel
      https://www.upcounsel.com/purchase-order-law

      Purchase Order Law | UpCounsel 2024

    15. LII / Legal Information Institute
      https://www.law.cornell.edu/wex/asset_purchase_agreement

      asset purchase agreement - LII / Legal Information Institute

    16. LII / Legal Information Institute
      https://www.law.cornell.edu/wex/sales

      sales | Wex | US Law | LII / Legal Information Institute

    17. Investopedia
      https://www.investopedia.com/terms/s/salesandpurchase.asp

      Sales and Purchase Agreement (SPA): What It Is, With Examples

    18. Merriam Webster
      https://www.merriam-webster.com/dictionary/purchase

      Purchase Definition & Meaning - Merriam-Webster

    19. American Bar Association
      https://www.americanbar.org/groups/business_law/...

      A Deal Lawyer’s Guide to Purchase Price Considerations

    20. Law Insider
      https://www.lawinsider.com/dictionary/purchase-order

      Purchase Order Definition: 16k Samples | Law Insider

    21. Investopedia
      https://www.investopedia.com/terms/s/straw-buying.asp

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    22. Merriam Webster
      https://www.merriam-webster.com/legal/word of purchase

      Word of purchase Definition & Meaning | Merriam-Webster Legal

    23. Federal Trade Commission
      https://www.ftc.gov/legal-library/browse/rules/noncompete-rule

      Noncompete Rule | Federal Trade Commission

    24. LII / Legal Information Institute
      https://www.law.cornell.edu/uscode/text/18/932

      18 U.S. Code § 932 - LII / Legal Information Institute

    25. Federal Register
      https://www.federalregister.gov/documents/2024/04/...

      Definition of “Engaged in the Business” as a Dealer in Firearms

    26. Littler Mendelson P.C.
      https://www.littler.com/publication-press/...

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    27. Kirkland & Ellis LLP
      https://www.kirkland.com/publications/kirkland...

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    28. LII / Legal Information Institute
      https://www.law.cornell.edu/wex/purchase_money_mortgage

      purchase money mortgage | Wex | US Law - LII / Legal …

    29. Skadden, Arps, Slate, Meagher & Flom LLP
      https://www.skadden.com/insights/publications/2024/...

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