buying vs purchasing what difference

what is difference between buying and purchasing

English

Etymology

buy +‎ -ing

Pronunciation

  • IPA(key): /ˈbaɪ.ɪŋ/

Verb

buying

  1. present participle of buy

Derived terms

  • impulse buying
  • panic buying

Noun

buying (countable and uncountable, plural buyings)

  1. The act of making a purchase.
    • 1707, A General Discourse of Commerce (page 126)
      [] Reckonings of all and every his Dealings, Doings, Buyings and Sellings and Employments, touching and concerning the Premises []

Translations



English

Verb

purchasing

  1. present participle of purchase

Noun

purchasing (countable and uncountable, plural purchasings)

  1. An act or process of making a purchase.
    • 1936, James Arthur Fulton, Our economic nationalism: its purpose and importance (page 84)
      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. (business, government) 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

Translations

Synonyms

  • (complex process): procurement

Holonyms

  • (act or making a purchase): procurement

Further reading

  • purchasing at OneLook Dictionary Search

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