Purchase

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Purchase

Buy; be long; have an ownership 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.
References in periodicals archive ?
The RSC then has the option of affixing its own name to the deed, or waiting and inserting the name of the purchaser when the property is subsequently sold to a third party.
(2) Represents that some type of business assistance will be provided to the purchaser. Business assistance means the offer of material advice, information, or support to a prospective purchaser, and specifically includes (a) more detailed versions of the Franchise Rule's "providing locations/customer accounts" business opportunity definitional element, and "significant assistance" franchise definitional element; (b) purchasing products made, grown, etc.
The selling CPA often will remain employed by the purchaser for a transition period, which can range from a few months to as long as three to five years.
(d) After entering into a purchase and sale agreement, the vendor of a subsidiary may be deemed related to an arm's-length purchaser under paragraph 251(5)(b) of the Act.
The object was for the vendors to secure a contract ensuring the growth of their business, while the purchasers sought the best quality items at the lowest price.
Although receiving a license back, the original owner may be concerned that the license will be rejected in the event of insolvency of the purchaser insurance company or that the purchaser may dilute the value of the intellectual property by subsequent assignments, sublicensing and public disclosure.
Historically, the asset purchase agreement did control what liabilities a purchaser would assume.
Recent discussions with OEM purchasers and engineers revealed to me that U.S.
First, the purchaser should conduct critical due diligence of the facility in an effort to learn as much as possible about its existing and potential liabilities.
Additional information concerning the foregoing is contained in the Early Warning Report filed by the purchaser on SEDAR under the Company's profile.
Elbit Imaging announced regarding the termination of the Joint Development Agreementand the Term Sheet between Elbit Plaza India Real Estate Holdings Limited and the purchaser regarding a 74.7 acre plot in Chennai, India held by an SPV subsidiary of EPI, a transaction with total consideration of INR 108 crores, that the parties have signed a share purchase agreement according to which: The Purchaser has paid a deposit of INR 5 crores in order to provide the Purchaser with an additional six months to complete the closing, which may be extended by another month upon payment by the Purchaser of an additional deposit of INR of 5 crores.

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