purchase order

purchase order definition - business

purchase order

A buyer's written order to a supplier indicating all of the terms of a proposed transaction. A purchase order obligates the buyer if accepted by the supplier.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.