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purchasing

/ˈpɜːrtʃəsɪŋ/ verb · British & US
Valid in UKValid in US
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What does purchasing mean?

verb

The act of buying or acquiring something, especially in large quantities. The process of acquiring goods or services for use or resale.

Example

"The company's purchasing department is responsible for negotiating prices with suppliers."

Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.

Etymologically related

Synonyms for purchasing

Antonyms of purchasing

Rhymes with purchasing