purchasing Definition
- 1the act of buying something
- 2the department or function responsible for buying goods or services for a company or organization
Using purchasing: Examples
Take a moment to familiarize yourself with how "purchasing" can be used in various situations through the following examples!
Example
The purchasing of new equipment was necessary for the project to continue.
Example
She works in the purchasing department of a large corporation.
purchasing Synonyms and Antonyms
Synonyms for purchasing
Phrases with purchasing
the amount of goods or services that can be purchased with a unit of currency
Example
The increase in minimum wage has given workers more purchasing power.
a person who is authorized to make purchases on behalf of a company or organization
Example
The purchasing agent negotiated a better deal with the supplier.
a person who oversees the purchasing department of a company or organization
Example
The purchasing manager is responsible for ensuring that the company gets the best deals on supplies and materials.
Summary: purchasing in Brief
The term 'purchasing' [ˈpɜːtʃəsɪŋ] refers to the act of buying something, or the department responsible for buying goods or services for a company. It is often used in business contexts, such as 'She works in the purchasing department of a large corporation.' 'Purchasing' extends into phrases like 'purchasing power,' which denotes the amount of goods or services that can be purchased with a unit of currency.
