oboloo

oboloo Glossary

Purchase

oboloo Glossary

Purchase

Purchase

The word purchase can be used as a verb or a noun. When used as a verb, it means to acquire something by paying money or its equivalent. When used as a noun, it refers to the act of acquiring something in this way. For example, you might say “I’m going to purchase a new car” or “The purchase of the company was completed yesterday.”

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971