buyer definition

buyer

Party which acquires, or agrees to acquire, ownership (in case of goods), or benefit or usage (in case of services), in exchange for money or other consideration under a contract of sale. Also called purchaser. See also customer.

Professional purchaser specializing in a specific group of materials, goods, or services, and experienced in market analysis, purchase negotiations, bulk buying, and delivery coordination.

buyer is in the Accounting & Auditing, Corporate, Commercial, & General Law and Purchasing & Procurement subjects.

buyer appears in the definitions of the following terms: workable competition, auction ring, import credit, naked option, bid, notify party, invoice, fragmentation, market breadth, contract purchase and

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