Define: Purchases

UK Accounting Glossary

Definition: Purchases

Quick Summary of Purchases

Total of goods and services bought in a period.

What is the dictionary definition of Purchases?

Dictionary Definition

  1. obsolete The act or process of seeking and obtaining something (e.g. property, etc.)
  2. An individual item one has purchased.
  3. The acquisition of title to, or property in, anything for a price; buying for money or its equivalent.


Full Definition of Purchases


Purchases FAQ's

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Purchases. Payroll & Accounting Heaven Ltd. September 16, 2019
Chicago Manual of Style (CMS):
Purchases. Payroll & Accounting Heaven Ltd. (accessed: September 16, 2019).
American Psychological Association (APA):
Purchases. Retrieved September 16, 2019, from website:

Definition Sources

Definitions for Purchases are sourced/syndicated from:

This glossary post was last updated: 23rd December 2018.