Enterprise glossary and term center

Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.

Purchasing - What is purchase in simple words?

From Simple English Wikipedia, the free encyclopedia. Purchasing is the buying of goods or services. An item that has been bought is called a purchase. The opposite of a purchase is a sale. In common usage, the shorter word "buy" is typically used when shopping, rather than the word "purchase".