purchasefunction
nounUK /ˈpɜːtʃɪs ˈfʌŋkʃən/
US /ˈpɜːrtʃɪs ˈfʌŋkʃən/
A purchase function is the job of buying things for a company or group.
The purchase function at the school makes sure all the books and supplies are ordered on time.
RELATED WORDS
OTHER MEANINGS
2. In math, a purchase function can describe how much someone buys based on price or income.
The purchase function showed that people bought fewer toys when the price went up.
3. In computer systems, a purchase function is a feature that lets users buy items online.
The app's purchase function lets you buy a ticket with one tap.
4. In business, the purchase function is the set of steps a company follows to buy goods.
The purchase function includes checking prices, choosing a seller, and paying the bill.