Counterpurchase

(redirected from Counter Purchase)

Counterpurchase

Exchange of goods between two parties under two distinct contracts expressed in monetary terms.

Counterpurchase

An agreement between two persons or companies to buy goods or services from each other, usually at different times. For example, Company A may buy goods from Company B in March, and then sell different goods to Company B in April. Counterpurchases are made for the mutual benefit of both companies.

counterpurchase

see COUNTERTRADE.
Mentioned in ?
References in periodicals archive ?
He says one effort that worked well occurred last year, when GMDC partnered with the National Grocers Association to present a webinar to address how the Patient Protection and Affordable Care Act will change Flexible Spending Accounts and over the counter purchase eligibility.
Besides, we are also opening stores for across the counter purchase of crypto assets, another first in the world," said Dr.
AM Fachir proposed the establishment of a joint study mechanism for trade, economic, investment cooperation and explored preliminary discussions on counter purchases.
These include bartering, offset arrangements, and counter purchases. Bartering involves the exchange of one kind of goods for another kind of goods of approximately equal value.
Two-thirds of respondents indicate they make deli counter purchases for dinner, followed by nearly 60 percent who purchase for lunch.