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 ?
Based on the deal, in exchange for the shares of GQM Holdings, the Purchasers paid the Company USD4.25m in cash, released the firm of all debt owing to the Purchasers and returned for cancellation all options and warrants held by the Purchasers.
On appeal, Deutsche Bank argues that the trial court erred in granting summary judgment in favor of the Purchasers because: (1) its mortgage was a prior, superior interest of record; (2) the stipulation did not discharge the mortgage; (3) WIS.
STRONG PARTICIPANT CREDIT QUALITY: The rating reflects the credit quality of IPA's six California purchasers, who are contracted by the PSCs to purchase 79% of project generation but purchase nearly 100% of power output through excess power sales contracts with the Utah purchasers.
The SRPA has noticed that vendors usually give prospective purchasers who have registered an intention to purchase a number of properties a higher priority over other purchasers in flat selection.
Purchasers should develop a cyber due diligence strategy to ensure that the target meets or exceeds the purchaser's standards and to ensure the appropriate price is paid for the target.
In the correspondence we receive from Ebrahim Abdulaal's sidekick Y P Madan, which is sporadic and very, very misleading, so much so that it is darn-right-lies, he appears to take glory in referring to us the purchasers as partners and investors.
(27) The Court, however, ruled in the defendant's favor, holding that "direct purchasers [are] injured to the full extent of the overcharge paid by them." (28) This is so even if the direct purchaser passed the entire overcharge on to subsequent customers.
The restructuring proposal, which Cirrus has developed and is now presenting to its purchasers in Aquarius Gate, works on the basis of converting the status of purchasers of units in Aquarius Gate to that of shareholders in a 'new project company' which will develop the project.
Soon after the Court's decision, states began to enact laws "repealing" Illinois Brick by authorizing indirect purchasers to sue for damages in state courts; other states' courts interpreted their existing antitrust or consumer protection laws to allow indirect purchaser suits.
The vendors had not disclosed the presence of radioactive contamination in the area to the purchasers, nor did they advise the purchasers of the finding of contamination on their property.
It unsuccessfully argued that the residence was first sold to the employer, then sold by the employer to the third-party purchaser. It further contended that the employer's payments to the RSC were for capital assets (purchase of the residence) and, thus, not deductible as ordinary and necessary business expenses.

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