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outright purchase

 

Definitions from the Web

Outright Purchase

Description:

Outright purchase refers to the act of acquiring full ownership of a product or property by paying the entire cost upfront, without any additional payments or financing arrangements.

Senses:

1. Noun:

In the context of business transactions, an outright purchase signifies the complete transfer of ownership rights from the seller to the buyer, typically involving a single payment.

Example sentence: John made an outright purchase of the car, paying the full price in cash.

2. Verb:

The act of outright purchasing refers to the action of buying something without any future payment obligations.

Example sentence: She outright purchased the house and didn't have to worry about mortgage payments anymore.

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