purchase - meaning and definition. What is purchase
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What (who) is purchase - definition

ACQUISITION OF GOODS OR SERVICES BY FIDUCIARY EXCHANGE
Purchase; Purchases; Buying process

purchase         
I. v. a.
1.
Buy, bargain for, get by payment.
2.
(Rare.) Obtain, acquire, procure, get, gain.
II. n.
1.
Bargain.
2.
Property, possession, acquisition, thing acquired.
3.
Hold, advantage, power, force.
4.
Tackle, lever, capstan.
purchase         
¦ verb
1. buy (something).
2. Nautical haul up (a rope, cable, or anchor) by means of a pulley or lever.
¦ noun
1. the action of buying.
a thing bought.
Law the acquisition of property by one's personal action rather than by inheritance.
2. firm contact or grip.
3. a pulley or similar device for moving heavy objects.
4. archaic the annual rent or return from land.
Derivatives
purchasable adjective
purchaser noun
Origin
ME: from OFr. pourchacier 'seek to obtain or bring about'.
purchase         
(purchases, purchasing, purchased)
Frequency: The word is one of the 1500 most common words in English.
1.
When you purchase something, you buy it. (FORMAL)
He purchased a ticket and went up on the top deck...
VERB: V n
purchaser (purchasers)
The broker will get 5% if he finds a purchaser...
= buyer
N-COUNT
2.
The purchase of something is the act of buying it. (FORMAL)
Some of the receipts had been for the purchase of cars.
N-UNCOUNT: oft N of n
see also hire purchase
3.
A purchase is something that you buy. (FORMAL)
She opened the tie box and looked at her purchase. It was silk, with maroon stripes.
N-COUNT
4.
If you get a purchase on something, you manage to get a firm grip on it. (FORMAL)
I got a purchase on the rope and pulled...
I couldn't get any purchase with the screwdriver on the damn screws.
= grip
N-UNCOUNT: also a N

Wikipedia

Purchasing

Purchasing is the process a business or organization uses to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations.

Purchasing is part of the wider procurement process, which typically also includes expediting, supplier quality, transportation, and logistics.

Examples of use of purchase
1. The Jews are generally denied the natural right to purchase homes and to enjoy the right of purchase.
2. Would anyone dream of allowing a Palestinian family to purchase a house "with a clear right of purchase" in Ariel?
3. Store surveillance cameras captured his purchase.
4. CNN declined to purchase the unpublished material.
5. A collectibles firm brokered the purchase Tuesday.