When a purchase is made based on an examination of the item.

When a purchase is made based on a sample presentation of the item.

When a purchase is made based on a description of the item.

The periodic buying patterns of companies where purchase orders are not ordered until after a certain amount of days until after the last purchase.

Goods or services come straight from the manufacturer instead of through a third party source and usually this makes it cheaper for the buyer.

When a company will pay a distributor an additional amount of set money for not handling or selling their competitor’s products or services. Products can easily be substituted by one […]

Refers to the cost advantages that a business obtains due to expansion. There are factors that cause a producer

The trader borrows money (at interest) to buy a stock and hopes for it to rise. Most industrialized countries have regulations that require that if the borrowing is based on […]

In finance, a margin is collateral that the holder of a financial instrument has to deposit to cover some or all of the credit risk of his counterparty (most often […]

When consumers purchase services/goods or other services and the frequency at which consumers purchase them.

Index of percentage of total retail sales occurring in a given geographical area. This index is used to predict demand for new stores and evaluate the performance of existing retail […]

The formality that is required in a company or firm to buy issuance for an order. The structure will vary on many different factors which include size, culture and the […]

The purchase of the rights or claims to real estate of a person who is not in possession of the land or is disseised. Void, and an offense, at common […]

An ORDER given by a client to a BROKER to purchase all of a SPECIALIST

Yearly payments to the crown of Scotland, introduced by Malcolm III., and resembling the English fee-farm rents.

This word, when descriptively used in a grant, does not mean “in immediate contact with,” but “near” to, the object to which it relates; and “near” is a relative term, […]

In practice . Terms anciently used to designate actions commenced by original hill, as distinguished from those commenced by original writ, and applied in modern practice to suits commenced by […]

This means in accordance with the fundamental principles of justice and is in conformity with the usual judicial proceedings . Se due process of law .

In conveyancing . A term used to indicate that the quantity of land as stated is estimated only, not exactly measured; has the same meaning and effect as the phrase […]

In old English criminal practice. The established formula of reply by a prisoner, when arraigned at the bar, to the question, “Culprit, how wilt thou be tried”

A ship will go to the called port only if there’s enough space available and booked cargo which is known as

In English law . The chief men of a town, representing the inhabitauts.

Incidentally; without new process. A term used in former English practice to denote the method of filing a declaration against a defendant who was already in the custody of the […]

This means by authority of or because of.

In the law relating to sales by auction, this term is equivalent to “puffing.” The practice consists in making fictitious bids for the property, under a secret arrangement with the […]