purchasepolicies
nounUK /ˈpɜːtʃɪs ˈpɒləsiz/
US /ˈpɜːrtʃɪs ˈpɑːləsiz/
Rules that tell people how to buy things.
The store's purchasepolicies say you must pay before you take the toy home.
OTHER MEANINGS
2. Official rules a company follows when it buys supplies.
The company's purchasepolicies require two quotes before buying computers.
3. Guidelines about how customers can return or exchange things they bought.
Check the purchasepolicies before you open the box.
4. Rules about who is allowed to spend money for a group.
The school's purchasepolicies let only the principal order new books.