purchasing
An act or process of making a purchase.
Other meanings
A complex, organized process in large organizations for obtaining goods that may include identification of requirements, approvals, supplier management, negotiation, receipt of goods, and payment.
A part of an organization that manages such processes
Synonyms
- buying
Related words
- purchasing agent
- purchasing power
Where this comes from
This definition is adapted from “purchasing” on Wiktionary, by its contributors; related-word lists use Open English WordNet (CC BY 4.0, based on Princeton WordNet), published under CC BY-SA 4.0. This page is published under the same licence.