PURCHASES Meaning and
Definition
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Purchases, as a noun, refer to the act of acquiring or obtaining goods or services in exchange for money or other forms of payment. It involves the transaction or procurement of items with the intention of ownership or consumption. Purchases can include a wide range of products such as groceries, clothing, electronics, furniture, or even intangible things like software or subscriptions.
In the business context, purchases typically pertain to the buying of supplies, raw materials, equipment, or services necessary for the operation of a company. These can be direct purchases made by the organization itself or indirect purchases through intermediaries like distributors or wholesalers. Business purchases are often strategically planned and managed to maximize efficiency and minimize costs.
As a verb, to purchase means the action of buying or acquiring something. It entails the process of searching, selecting, and completing a transaction to obtain the desired item. The act of purchasing requires making a payment, whether it is through cash, credit card, or other acceptable means of exchange.
Purchases are a fundamental part of everyday life, aiding individuals in fulfilling their needs and desires, while also fueling economic activity. The term encompasses both personal and commercial transactions, serving as a cornerstone of the exchange of goods and services in society.
Top Common Misspellings for PURCHASES *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for PURCHASES
Etymology of PURCHASES
The word "purchases" can be traced back to the Old French word "pourchacier", which means "to pursue, chase, or seek after" or "to acquire or obtain". The Old French term was derived from the Latin word "procusare", meaning "to claim or demand". Over time, "pourchacier" evolved into "purchasen" in Middle English, which eventually became "purchases" in modern English.
Similar spelling words for PURCHASES
Conjugate verb Purchases
CONDITIONAL
I
would purchase
we
would purchase
you
would purchase
he/she/it
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FUTURE
I
will purchase
we
will purchase
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will purchase
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FUTURE PERFECT
I
will have purchased
we
will have purchased
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will have purchased
he/she/it
will have purchased
they
will have purchased
PAST
I
purchased
we
purchased
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purchased
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purchased
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purchased
PAST PERFECT
I
had purchased
we
had purchased
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had purchased
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had purchased
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had purchased
PRESENT
I
purchase
we
purchase
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purchase
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purchases
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purchase
PRESENT PERFECT
I
have purchased
we
have purchased
you
have purchased
he/she/it
has purchased
they
have purchased
I
am purchasing
we
are purchasing
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are purchasing
he/she/it
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are purchasing
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was purchasing
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were purchasing
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were purchasing
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were purchasing
I
will be purchasing
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have been purchasing
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I
had been purchasing
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will have been purchasing
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I
would have purchased
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