Category: P

The frequency with which an item is purchased to replace it in a companyÕs inventory. The frequency that a person replaces items that are purchased on a regular basis.

A promotional method used to sell excess stock or items at a reduced price with the purchase of another item. The second item will be at a reduced price only if purchased with another item.

A contract binding a syndicate to a new issue. In it the rules, duration, and leaders are laid out. All members must agree.

In Canada this is time that is added to a Canadian’s pension that they were previously not qualified to receive a pension. Times include maternity leave, military service and paternity leave.

A document that is used by a company internally that authorises the purchasing of products and material needed by the company. These are documents that are used to track the movement of materials and stock before it is sent to the purchaser.

The plan in which a person intends to buy a particular goods or service sometime in the near future. The plan is to buy an item but the timing is left to the individual to plan.

This is a method that is used by a company to show all items that have beem purchased on a credit basis. These items are not paid for at the time but will be paid for on a monthly basis, for example.

The way a product is purchased by an individual or company. It may include cash or credit or payment by a cheque.

This is the purchase price by which a person will sell property to another person who does not qualify for a loan from a bank. This is a type of loan agreement sometimes used.

This is the market in which a property is bought. This is an aspect of the purchase market. Other aspects include refinancing where another mortgage is taken out to rreplace an existing mortgage.