Simple English definitions for legal terms
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A purchaser is someone who buys something, usually property, in exchange for money or other valuable consideration. They can be affiliated with others involved in the acquisition or distribution of securities. A bona fide purchaser is someone who buys something for value without knowing about any other claims to the property. A purchaser for value is someone who pays consideration for the property they buy.
Definition: A purchaser is someone who buys or obtains property in exchange for money or other valuable consideration.
Examples:
These examples illustrate the definition of a purchaser as someone who acquires property by paying for it with money or other valuable consideration.
Other related terms include: