Purchase

Definition

The term "purchase" describes the act of buying goods or services in exchange for money, or an item that has been bought.

Parts of Speech

• Noun
• Verb

Pronunciation

American English

• IPA Pronunciation: /ˈpɜːr.tʃəs/
• Respelling: PUR-chuhs

British English

• IPA Pronunciation: /ˈpɜː.tʃəs/
• Respelling: PUR-chuhs

Etymology

The word "purchase" originates from the Old French "pourchacier," meaning "to pursue, acquire," and from Latin "procurare," meaning "to take care of, acquire." It entered Middle English in the 14th century.

Derivatives

• Purchaser (noun)
• Purchasable (adjective)
• Repurchase (verb, noun)
• Purchased (adjective)
• Purchasing (verb, present participle)

Synonyms

• Buy
• Acquire
• Procure

Antonyms

• Sell
• Give
• None

Usage

The term "purchase" is used in business, commerce, and everyday transactions. For example: "She purchased a new car yesterday," or "This was an expensive purchase for the company."

Related Terms

• Transaction: An exchange or transfer of goods, services, or funds.
• Acquisition: The act of gaining possession of something.
• Expense: The cost incurred in acquiring something.

Detailed Definitions

Noun

• The act of buying something: Refers to the process of acquiring goods or services in exchange for money.
  • Example: "The purchase of the house was finalized last week."
• An item that has been bought: Refers to something acquired through buying.
  • Example: "Her latest purchase is a beautiful antique vase."
• A firm hold or grip: Refers to a mechanical or figurative advantage in applying force.
  • Example: "He gained better purchase on the ladder by adjusting his position."

Verb

• To buy goods or services: Refers to the act of acquiring something by paying for it.
  • Example: "They purchased tickets for the concert online."
• To obtain something through effort: Refers to securing or achieving something figuratively.
  • Example: "She purchased their trust through consistent actions."