purchase

[ˈpəːtʃəs]

purchase Definition

• 1. the act of buying something
• 2. something that has been bought

Using purchase: Examples

Take a moment to familiarize yourself with how "purchase" can be used in various situations through the following examples!

• Example

  I made a purchase at the store today.

• Example

  The company announced the purchase of a new building.

• Example

  The purchase of a new car is a big decision.

• Example

  She regretted her purchase of the expensive dress.

purchase Synonyms and Antonyms

Synonyms for purchase

• buying
• acquisition
• procurement
• investment
• transaction

Antonyms for purchase

• sale
• disposal

Idioms Using purchase

• purchase power

  the ability to buy goods and services with one's income or wealth

  Example

  With his high salary, he has a lot of purchase power.

• purchase on credit

  buying something with the promise to pay for it later

  Example

  He made a purchase on credit for the new TV.

• purchase price

  the amount of money paid to buy something

  Example

  The purchase price of the house was too high for us.

Phrases with purchase

• impulse purchase

  a purchase made without prior planning or consideration

  Example

  I couldn't resist making an impulse purchase of the cute earrings.

• cash purchase

  a purchase made with cash instead of credit

  Example

  I prefer to make a cash purchase for small items.

• bulk purchase

  a purchase of a large quantity of goods at one time

  Example

  The store offers discounts for bulk purchases of office supplies.

Origins of purchase

from Old French 'purchas', meaning 'acquisition'

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Summary: purchase in Brief

The term 'purchase' [ˈpəːtʃəs] refers to the act of buying something or something that has been bought. It can be used in various contexts, from daily shopping to business investments, as in 'The company announced the purchase of a new building.' Phrases like 'impulse purchase' and idioms like 'purchase power' add nuance to the term. 'Purchase' has synonyms like 'acquisition' and 'procurement,' and antonyms like 'sale' and 'disposal.'