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Vinony

purchasing

noun

  1. acquisition of goods or services by fiduciary exchange
L326130 on Wikidata ↗

Wiktionary

noun

  1. An act or process of making a purchase.

    “As our exports and imports are now nearly in balance, it is assumed that such bargaining, if agreed to, would induce the debtor nations to greatly increase their purchasings from us […]”

  2. A complex, organized process in large organizations for obtaining goods that may include identification of requirements, approvals, supplier management, negotiation, receipt of goods, and payment.
  3. A part of an organization that manages such processes

verb

  1. present participle and gerund of purchase