Counterpurchase

(redirected from Counter Purchases)

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.
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Contract awarded for Manufacturing bill counter purchases
Two-thirds of respondents indicate they make deli counter purchases for dinner, followed by nearly 60 percent who purchase for lunch.
Over the counter purchases from all four of the Company's traditional brick and mortar stores are running at record levels, totaling over $45 million year to date.