purchasing (B1)
verb / noun
Pronunciation: /ˈpɜːrtʃəsɪŋ/
Definition
The act of acquiring goods or services in exchange for payment.
Examples
He is responsible for purchasing all the raw materials for the factory.
The department is currently purchasing new equipment to replace the outdated models.
Purchasing high-quality ingredients is the secret to a great meal.
How to Use purchasing
- purchasing power (collocation)
- The financial ability to buy goods or services. — "Inflation has significantly reduced the purchasing power of the average family."
- purchasing department (collocation)
- The section of a company that handles buying supplies. — "Please submit your request for new laptops to the purchasing department."
Synonyms of purchasing
Words with a similar meaning to purchasing:
Antonyms of purchasing
Words with the opposite meaning to purchasing:
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