purchasing
Appearance
English
[edit]Verb
[edit]purchasing
- present participle and gerund of purchase
Noun
[edit]purchasing (countable and uncountable, plural purchasings)
- An act or process of making a purchase.
- 1936, James Arthur Fulton, Our economic nationalism: its purpose and importance, page 84:
- As our exports and imports are now nearly in balance, it is assumed that such bargaining, if agreed to, would induce the debtor nations to greatly increase their purchasings from us […]
- (business, government) 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
[edit]- (complex process): procurement
Holonyms
[edit]- (act or making a purchase): procurement
Derived terms
[edit]Translations
[edit]an act or process of making a purchase
Further reading
[edit]- “purchasing”, in OneLook Dictionary Search.