buy

(redirected from bought)
Also found in: Dictionary, Thesaurus, Legal, Acronyms, Idioms, Wikipedia.
Related to bought: bought the farm

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.

make

or

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.
References in classic literature ?
Well, on the 5th of February, he sold the fine carriage, and bought a cheap second-hand one--said it would answer just as well to take the money home in, and he didn't care for style.
Then we bought the merchandise of the country, and were just going to sail once more, when I was stopped on the shore by a beautiful though poorly dressed woman.
I am glad I bought my bonnet, if it is only for the fun of having another bandbox
Has the one we bought yesterday with him now, though you might not think it to look at him.
He had bought these shares to hold; he did not intend to sell one.
He took lays, bought half shares, shared with the men he grub-staked, and made personal locations.
Wiki-Wiki," his Hawaiian short story, was bought by WARREN'S MONTHLY for two hundred and fifty dollars.
They either inherited or bought a gallery more or less full of old pictures.
Having bought a drink, he had waited for me to buy one.
I'm nearly as impolite and disagreeable and ill-mannered as these two old Knickerbocker gents on each side of me that can't sleep of nights because I bought in between 'em.
If you ask why Larsan bought the cane, if he had no intention of manufacturing evidence against Darzac by means of it, the answer is quite simple.
Why, because he has an understanding with the merchants; he's bought them off.