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Related Definitions
Purchase and Sale Agreement Purchase and Sale Agreement or PSA is a valid and enforceable document that outlines the potential buyers and sellers of an estate's contractual terms. Selling and buying agreements are among...
Purchase Price The Purchase Price indicates a company's asset value, which includes the value of its stock plus liabilities. When a purchaser undertakes an evaluation, the entire amount they are ready to pay...
Money purchase plan Money purchase plan is a defined-contribution retirement plan in which each participant has an individual account, and the employer’s
Guaranteed purchase option Guaranteed purchase option refers benefit that can be added to a life insurance policy permitting the insured to purchase additional
Point-of-purchase displays Point-of-purchase displays refers promotional devices that are placed where sales transactions occur.
Forward purchasing Forward purchasing is a policy of purchasing relatively large quantities to fill needs over longer periods of time.
Contract purchasing Contract purchasing is the company negotiates with the supplier (perhaps after soliciting bids) a contract that defines prices, delivery dates, and other conditions of sale.
Bid purchasing Bid purchasing is a policy of requesting bids from several vendors and selecting the most attractive one.
Anticipatory purchasing Anticipatory purchasing is a purchasing agent stockpiles an extremely large supply, well in advance of need, anticipating future problems.
Relative form of purchasing power parity Relative form of purchasing power parity— theory stating that the rate of change in the prices of products should be somewhat similar ...
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