Definition: The acquisition of title to, or property in, anything for a price; buying for money or its equivalent.
Alright class, settle down and let’s take a look! Today we’re tackling the word “purchases,” it’s quite a clever thing. The dictionary gives us a good start, don't you think? Let’s break it down with a little rhyme: “ Purchases mean to buy, you see, For money or its worth, for you and me!” It really means getting something – a toy, a treat, a book – in exchange for some cash. Think of it like this: you purchase a candy bar at the store, paying with your dollar. That’s a purchase! The dictionary says “acquisition of title,” which is a fancy way to say you gain ownership. You're taking possession and becoming the rightful owner through that payment. So, "purchases" simply means buying something for money . Do you have any questions about that? Let’s hear your thoughts!