purchase contract
1
3.3
- noun
- /ˈpɜrʧəs ˈkɒntrækt/
- Formal
:
contrato de compra
- He always keeps a copy of the purchase contract for future reference in case any disputes arise.
- commodity purchase contract
First, that purchase contract needs to have assignability, OK?
- First, that purchase contract needs to have assignability, OK?
Examples
-
The terms of your purchase contract... they strictly state that you are not allowed to...
-
First, that purchase contract needs to have assignability, OK?
-
Leon sits nearby studying the car purchase contract.
Fiction book (1990) -
Leon gives the purchase contract a glance, then pulls it closer for yet another read.
Fiction book (1990) -
She'd been hard at work since finding the house, and already the offer had been accepted and the purchase contract had been vetted by our lawyer.
Fiction book (1992) -
The disputed contract was a land purchase contract relating to sixty acres of farmland in Oklahoma.
Academic text (2016) -
If there are issues, which the inspection brings to light, then the potential buyer has the option of terminating the purchase contract or coming to an acceptable agreement with the seller to get those issues fixed.
Blog text (4) -
Before finalizing the deal, both parties reviewed the purchase contract to ensure all terms were clear.
-
The purchase contract specifies that the buyer must pay the full amount within thirty days.
Synonyms
∞
2.8
A written agreement between people or companies that the law can enforce
∞
1.4
A promise made between two or more people, often written
2
3.6
A written contract that explains the details and rules for buying a house or other goods
1
2.8
A written contract where a seller transfers ownership of a house or car to a buyer for an agreed price
Surface Forms
Morphology
The meaning is directly compositional: 'purchase' (the act of buying) modifies 'contract' (a written agreement), so a B1 learner who knows both words can infer it is a contract concerning a purchase. This noun+noun compound structure is common in English and mirrored in many languages, making the sense immediately understandable from the constituents.
Etymology
Purchase contract comes from the simple idea of a written paper for a buying deal: purchase means 'to buy' and contract means a written 'agreement' that lists the price and rules. That's why a purchase contract today is the official paper that shows the rules and details of a sale.