Associations to the word «Purchasing»


PURCHASING, verb. Present participle of purchase
PURCHASING, noun. The act of making a purchase.
PURCHASING AGENT, noun. A person or group whose job is to buy equipment, supplies, inventory, or other assets for a business or other organization.
PURCHASING AGENTS, noun. Plural of purchasing agent
PURCHASING POWER, noun. (economics)   The amount of goods and services that can be bought with a unit of currency or by consumers.
PURCHASING POWER, noun. (business)   The ability of a large collective or company to negotiate more favourable prices and terms than a smaller group or company.
PURCHASING POWER PARITY, noun. (economics) A theory of long-term equilibrium exchange rates based on relative price levels of two countries.

Dictionary definition

PURCHASING, noun. The act of buying; "buying and selling fill their days"; "shrewd purchasing requires considerable knowledge".

Wise words

We should have a great fewer disputes in the world if words were taken for what they are, the signs of our ideas only, and not for things themselves.
John Locke