purchase order
Học thuậtThân thiện
Definition
Noun: A formal, commercial document issued by a buyer to a seller, authorizing a transaction. It specifies the types, quantities, and agreed prices for products or services, and becomes a legally binding contract once accepted by the seller.
Usage
A purchase order is used in business-to-business transactions to initiate a purchase. It serves as an official request and authorization for a supplier to provide goods or services under specified terms. It is distinct from an invoice, which is a request for payment sent by the seller after the order is fulfilled.
Examples
- The office manager issued a purchase order for new desks and chairs.
- We cannot ship the materials until we receive a signed purchase order from your company.
- Please reference the purchase order number (PO# 45012) on all correspondence and packing slips.
Advanced Usage
- "To raise a purchase order": To create and issue a purchase order.
- The department head approved the budget, so I will raise a purchase order for the software license.
- "Open purchase order": A purchase order under which multiple deliveries can be made against a single order, often up to a specified total value or within a time period.
- We have an open purchase order with the supplier for office supplies this quarter.
Variants and Related Words
- PO (n.): The common abbreviation for "purchase order."
- Make sure the PO number is on the box.
- Purchase Requisition (n.): An internal document used by an employee to request that a purchase order be created. It is not sent to the supplier.
- Standing Order (n.): A similar arrangement for regular, recurring purchases, but may not always involve a formal purchase order document for each instance.
Synonyms
- Order: A more general term, but in a commercial context, it often implies a purchase order.
- Work Order: Specifically for authorizing a job or service rather than goods.
- Indent: A historical or specific regional term for a formal purchase order, especially in import/export.
Related Phrases
- "To place an order": To request goods or services. This action typically results in the creation of a purchase order in a formal business setting.
- We need to place an order for more raw materials.
- "To fulfill an order" / "To fill an order": To complete and ship the items specified on a purchase order.
- The warehouse will fulfill the purchase order by Friday.
Noun
- a commercial document used to request someone to supply something in return for payment and providing specifications and quantities
- IBM received an order for a hundred computers