contract of purchase ˌcontract of ˈpurchase noun [countable]
LAW a document that give details of the conditions under which goods or property are sold, including the price and the conditions under which it is sold: purchase agreement:
• The machine must be installed by fully qualified IS0 9000 accredited engineers according to the specifications laid down in the contract of purchase.
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contract of purchase UK US noun [C] COMMERCE
► PURCHASE AGREEMENT(Cf. ↑purchase agreement)
Financial and business terms. 2012.