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LSDefine

Simple English definitions for legal terms

purchase order

Read a random definition: learning

A quick definition of purchase order:

Term: Purchase Order

Definition: A purchase order is a piece of paper that tells a seller to give you something and you promise to pay for it later. It's like a shopping list that you give to someone who will get the things for you and you will pay them back.

A more thorough explanation:

A purchase order is a document that a buyer sends to a seller to request goods or services. It is a legal agreement between the buyer and the seller that outlines the details of the transaction, including the quantity, price, and delivery date of the goods or services.

Once the seller receives the purchase order, they are authorized to deliver the goods or services to the buyer. The buyer agrees to pay for the goods or services at a later date, as specified in the purchase order.

ABC Company sends a purchase order to XYZ Supplier for 100 units of a particular product. The purchase order specifies the price per unit, the total cost of the order, and the delivery date. Once XYZ Supplier receives the purchase order, they are authorized to deliver the 100 units of the product to ABC Company. ABC Company agrees to pay for the 100 units at a later date, as specified in the purchase order.

This example illustrates how a purchase order is used to authorize a seller to deliver goods with payment to be made later. It also shows how the purchase order outlines the details of the transaction, including the quantity, price, and delivery date of the goods.

purchase-money interest | purchaser

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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