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Buy; be long; have an ownership position.


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 classic literature ?
His excellency did not charge me to purchase this house.
It was now some time since Miss Taylor had begun to influence his schemes; but as it was not the tyrannic influence of youth on youth, it had not shaken his determination of never settling till he could purchase Randalls, and the sale of Randalls was long looked forward to; but he had gone steadily on, with these objects in view, till they were accomplished.
Again and again were we shown to those who, it was thought, could not fail to yield to our beauty, but no one would purchase.
And he, who in the old days, out of his millions, could purchase immediately whatever he might desire, learned the new joy of the possession that follows upon rigid economy and desire long delayed.
A MAN wished to purchase an Ass, and agreed with its owner that he should try out the animal before he bought him.
The hay which we shall purchase for our horses this evening - I shall expect to find the stalks about fifty feet long.
Eustace Macallan, came into my shop, and said that he wished to purchase some arsenic.
Then you found out, on inquiry at Cassette's, that the cane had been bought by a person dressed very like Robert Darzac, though, as we learned later, from Darzac himself, it was not he who had made the purchase.
And now the public being invited to the purchase of minor objects, it happened that the orator on the table was expatiating on the merits of a picture, which he sought to recommend to his audience: it was by no means so select or numerous a company as had attended the previous days of the auction.
Having effected the purchase, he sate up as if he was greatly relieved, and the unsuccessful competitors catching a glimpse of him at this moment, the lady said to her friend,
Hyndmarsh, the grocer, would certainly purchase if she could transact the business in a personal interview, so she would walk with Tom to St.
In this fact, indeed, there lay the clenching motive to the purchase of Dorlcote Mill.

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