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Buy; be long; have an ownership position.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Among the almost three-quarters of total respondents who purchased gas at a c-store in the past month, more than one-half (53.1 percent) report purchasing in-store merchandise along with gas at least some of the time.
He falsified Bank records to make it appear that he was fulfilling an agreement to pay for the lease of two cars that the Bank purchased for his use.
Also verify what level of software support is purchased. Some storage providers supply 90 days of software support for free.
Purchased assets will first be valued for financial purposes.
In 1992, 16 years after the law passed, only 12 percent of paper purchased by the government complied with the law.
The company and nine other charter BDR members collectively purchased more than $18 billion in products and services last year from diverse suppliers.
In addition, Vanderbilt purchased tokens, each of which would give a Vanderbilt user access to one article from an Elsevier journal published in 1997 or 1998 and not among Vanderbilt's paper subscriptions.
This record consists of three sections: a full description of the firearm purchased; a description of the purchaser, containing, at the very minimum, name, residence, and date of birth; and if the purchaser is prohibited from purchasing a firearm (e.g., a convicted felon, an illegal alien, an individual with a documented history of mental illness, a drug user, or an individual under a court-issued restraining order).
Supermarket owners are observing that new, single-serving units are purchased by families as well as by individuals.
In June 2013 the value, in Slovenia, of purchased agricultural products decreased by 10% over May 2013 and by almost 1% over June 2012.In June 2013 the value, in Slovenia, of purchase in fruit and wine growing almost 6 % lower than a month beforethe value, in Slovenia, of purchased fruit was 39% lower than in May 2013.

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