Buy

To purchase an asset; taking a long position.

Buy

To take ownership of some asset in exchange for some monetary remuneration. Buying may take any of several forms. In a cash purchase, the buyer gives cash or a cash equivalent immediately in exchange for the asset. In a credit sale, the buyer takes ownership immediately in exchange for future payment, often with interest. An example of buying is a simple transaction involving widgets. If the buyer is willing to pay $2 per widget and the seller wishes to sell 100 widgets, then the seller gives to the buyer 100 widgets and, in their place, receives $200. See also: Sale.

buy

A bargain-priced asset. For example, an analyst may feel that a particular firm owns valuable assets overlooked or undervalued by the financial community. In such an instance, the firm's stock is considered a buy.

buy

To purchase a security or other asset. Compare sell.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

make

buy

the decision by a firm on whether to make a component or product itself or to buy it from an external supplier (see OUTSOURCING). The decision will depend upon the combined production costs and TRANSACTION COSTS of the alternatives. Sometimes a firm may adopt mixes of the two policies, producing some quantity of the product itself and buying the remainder, depending upon the relative costs of the sources and security of supply considerations. See TRANSACTION for a more detailed discussion. See INTERNALIZATION, VERTICAL INTEGRATION.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

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References in periodicals archive

Prof Trevelyan stepped in to buy the farm, which was eventually acquired by the trust in 1974.

Visitor centre continues the visionary Housesteads story

The pair felt compelled to help the National Trust's fundraising appeal to buy the farm and protect it for future generations when they realised what was at stake - despite never having been there before.

Filmmakers provide a close-up view of Snowdonia farm at centre of National Trust's pounds 1m appeal; TINY SPIDER JOINS HOLLYWOOD STARS IN BID TO PROTECT LLYNDY ISAF'S FUTURE

But their life was made hell by a local gundog breeder, who had wanted to buy the farm himself.

Hate that ended couple's new start

"David stayed with us and signed a contract to buy the farm. In the meantime we lent him and Laurette money.

Sorted: Conman & Wife; Lying couple cheat farmers out of cash

Moira worries that John is putting their livelihood on the line as he plans to buy the farm, and Andy senses Alicia isn't telling him everything about her relationship with Leyla.

EMMERDALE