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- 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/Find the legal definition of PROCUREMENT from Black's Law Dictionary, 2nd Edition. The entire process of purchasing goods that includes the purchasing decision, the selection of the goods, and the payment made by the buyer to purchase...thelawdictionary.org/procurement/
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PURCHASE Definition & Meaning - Black's Law Dictionary
WebFind the legal definition of PURCHASE from Black's Law Dictionary, 2nd Edition. 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-...
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Black's Law Dictionary - Free Online Legal Dictionary
WebJan 20, 2023 · The Law Dictionary is your free online legal dictionary featuring Black’s Law Dictionary, the trusted source of law definitions and terms for over 100 years. The …
PROCUREMENT Definition & Meaning - Black's Law Dictionary
WebDefinition & Citations: The entire process of purchasing goods that includes the purchasing decision, the selection of the goods, and the payment made by the buyer to …
- Estimated Reading Time: 1 min
BUY Definition & Meaning - Black's Law Dictionary
WebFind the legal definition of BUY from Black's Law Dictionary, 2nd Edition. To acquire the ownership of property by giving an accepted price or consideration therefor; or by …
PURCHASE AGREEMENT Definition & Meaning - Black's Law …
WebDefinition & Citations: The agreement by which a buyer agrees to sell an item to a purchaser. The buyer needs to agree to a set of conditions in order to buy the product. …
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REDEMPTION Definition & Meaning - Black's Law Dictionary
WebFind the legal definition of REDEMPTION from Black's Law Dictionary, 2nd Edition. A repurchase; a buying back. The act of a vendor of property in buying it back again from …
COMMERCE Definition & Meaning - Black's Law Dictionary
WebFind the legal definition of COMMERCE from Black's Law Dictionary, 2nd Edition. Intercourse by way of trade and traffic between different peoples or states and the …
MONEY Definition & Meaning - Black's Law Dictionary
WebIn its more comprehensive and general sense, it means wealth. Find the legal definition of MONEY from Black's Law Dictionary, 2nd Edition. A general, indefinite term for the …
PURCHASE PRICE Definition & Meaning - Black's Law Dictionary
WebFind the legal definition of PURCHASE PRICE from Black's Law Dictionary, 2nd Edition. the price that has been agreed upon by owner and buyer for the transferring of a …
BONA FIDE PURCHASER Definition & Meaning - Black's Law …
WebFind the legal definition of BONA FIDE PURCHASER from Black's Law Dictionary, 2nd Edition. A purchaser for a valuable consideration paid or parted with in the belief that the …
TERM Definition & Meaning - Black's Law Dictionary
WebDefinition & Citations: Find the legal definition of TERM from Black's Law Dictionary, 2nd Edition. a compact contrary to the common nature and reason of the fee, put into a …
ORDER Definition & Meaning - Black's Law Dictionary
WebFind the legal definition of ORDER from Black's Law Dictionary, 2nd Edition. In a general sense. A mandate. precept; a command or direction authoritatively given; a rule or …
HIRE Definition & Meaning - Black's Law Dictionary
WebFind the legal definition of HIRE from Black's Law Dictionary, 2nd Edition. v. To purchase the temporary use of a thing, or to stipulate for the labor orservices of another.
ACQUIRE Definition & Meaning - Black's Law Dictionary
WebDefinition & Citations: The action of buying or gaining the possession of property. Find the legal definition of ACQUIRE from Black's Law Dictionary, 2nd Edition.
FRAUD Definition & Meaning - Black's Law Dictionary
WebFind the legal definition of FRAUD from Black's Law Dictionary, 2nd Edition. Fraud consists of some deceitful practice or willful device, resorted to withintent to deprive …
HIRE-PURCHASE Definition & Meaning - Black's Law Dictionary
WebDefinition & Citations: A system when a buyer pays for an item in installments while using it. Find the legal definition of HIRE-PURCHASE from Black's Law Dictionary, 2nd Edition.
MORTGAGE Definition & Meaning - Black's Law Dictionary
WebDefinition & Citations: Mors omnia solvit. Death dissolves all things. Jenk. Cent p. 160, case 2. Applied to the case of the death of a party to an action. Find the legal definition of …
OPTION TO PURCHASE Definition & Meaning - Black's Law …
WebFind the legal definition of OPTION TO PURCHASE from Black's Law Dictionary, 2nd Edition. the granting of a right to the potential purchaser to be able top buy the product at …
STOCK Definition & Meaning - Black's Law Dictionary
WebFind the legal definition of STOCK from Black's Law Dictionary, 2nd Edition. or, with a view to their being released or discharged by an acoeptilatio, that mode of discharge being …
MERCHANDISE Definition & Meaning - Black's Law Dictionary
WebFind the legal definition of MERCHANDISE from Black's Law Dictionary, 2nd Edition. All commodities which merchants usually buy and sell, whether at wholesale or retail; wares …
PURCHASER Definition & Meaning - Black's Law Dictionary
WebDefinition & Citations: One who acquires real property in any other mode than by descent. One who acquires either real or personal property by buying it for a price in money; a …
TRANSACTION Definition & Meaning - Black's Law Dictionary
WebFind the legal definition of TRANSACTION from Black's Law Dictionary, 2nd Edition. In the civil law. A transaction or compromise is an agreement between two or more persons, …
BUY-SELL AGREEMENT Definition & Meaning - Black's Law …
WebBUY-SELL AGREEMENT Definition & Legal Meaning Definition & Citations: Also known as a buyout agreement, is a binding agreement between co-owners of a business that …
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