What context can I use each word in?
Learn when and how to use these words with these examples!
buyout
Example
The company announced a buyout of its competitor to expand its market presence. [buyout: noun]
Example
He decided to buyout his business partner and take full control of the company. [buyout: verb]
purchase
Example
I made a purchase of a new laptop for my work. [purchase: noun]
Example
She decided to purchase a new car from the dealership. [purchase: verb]
Good things to know
Which word is more common?
Purchase is a more commonly used term in everyday language, as it covers a wide range of contexts and transactions. Buyout is more specific and is primarily used in business and financial contexts.
What’s the difference in the tone of formality between buyout and purchase?
While purchase can be used in both formal and informal contexts, buyout is typically associated with a more formal tone due to its association with business and financial transactions.