the act of buying something or acquiring goods or services in exchange for money
example
In the 1950s, the purchase of a car became a dream for most citizens.
synonyms
acquisitionorder
word origin — Middle English: from Old French pourchacier ‘seek to obtain or bring about’, the earliest sense also in English, which soon gave rise to the senses ‘gain’ (hence, in nautical use, the notion of ‘gaining’ one portion of rope after another) and ‘buy’
purchase, discount, revenue, wealth, loan: meanings and examples
Learn these 5 words from Upper-Intermediate set 3. Each entry includes a definition, example sentence, pronunciation, and synonyms. Use the interactive cards above to practice them.
purchase · noun/ˈpərtʃəs/
the act of buying something or acquiring goods or services in exchange for money
In the 1950s, the purchase of a car became a dream for most citizens.
Synonyms: acquisition, order
Origin: Middle English: from Old French pourchacier ‘seek to obtain or bring about’, the earliest sense also in English, which soon gave rise to the senses ‘gain’ (hence, in nautical use, the notion of ‘gaining’ one portion of rope after another) and ‘buy’
discount · noun/ˈdɪsˌkaʊnt/
price reduction
Steve bought the house at a discount, paying much less than the normal price, and later sold it for a profit.
Synonyms: price reduction
Origin: mid 16th century (as a verb): from dis- + count
revenue · noun/ˈrɛvəˌnu/
the whole amount of income
The new company is expected to generate revenue of around $12 billion and make a net profit of $4 billion.
Synonyms: income, earnings
Origin: late Middle English: from Old French revenu(e) ‘returned’, past participle (used as a noun) of revenir, from Latin revenire ‘return’, from re- ‘back’ + venire ‘come’
wealth · noun/wɛlθ/
the state of being rich
Over many years, the family built its wealth through careful saving and investment.
Synonyms: affluence, prosperity
Origin: Middle English welthe, from well or weal, on the pattern of health
loan · noun/loʊn/
an amount of money that is borrowed especially from a bank
She got a loan to start her own sewing business and she now makes traditional Tunisian wedding dresses that cost up to $3,000.
Synonyms: credit, advance
Origin: Middle English (also denoting a gift from a superior): from Old Norse lán, of Germanic origin; related to Dutch leen, German Lehn, also to lend