purchase

Vocabulary Word

Definition

'Purchase' means buying something, but it can also mean the action of obtaining something with your money or effort.

Examples in Different Contexts

In social impact organizations, 'donation purchase' might refer to using donated funds to acquire essential supplies or resources for a community project. An impact strategist might say, 'We'll use the donation for the purchase of textbooks for the school.'

Practice Scenarios

Creative

Scenario:

The design team is finding limitations with the current software. Maybe we should consider expanding our toolset.

Response:

I agree. The purchase of advanced design software can bring out more creativity in our work.

Business

Scenario:

Our office could use a major technology upgrade. The old computers are slowing down productivity.

Response:

You're right, the systems are outdated. We should indeed consider the purchase of new technology assets.