Buying vs. Purchasing

Buyingnoun

The act of making a purchase.

Buyingnoun

the act of buying; as, buying equipment for the trip took several hours.

Buyingnoun

the act of buying;

Purchasingnoun

An act or process of making a purchase.

Purchasingnoun

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.

Purchasingnoun

A part of an organization that manages such processes

Purchasingnoun

the act of buying;

Purchasing

Purchasing is the process a business or organization uses to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations.