purchase agreement definition

purchase agreement

Legal document recording the final understanding of a purchaser who agrees to buy and a seller who agrees to sell the specified item(s) under stated terms and conditions.

purchase agreement is in the Agreements & Contracts, Corporate, Commercial, & General Law and Purchasing & Procurement subjects.

purchase agreement appears in the definitions of the following terms: contingent financing clause, cooling-off period, tying arrangement and dilution protection

purchase agreement appears in the other terms: bond purchase agreement, stock purchase agreement

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