Found 1 items, similar to Purchase money.
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Definition: Purchase money
Purchase
\Pur"chase\ (?; 48), n. [OE. purchds, F. pourchas eager
pursuit. See
Purchase, v. t.]
1. The act of seeking, getting, or obtaining anything. [Obs.]
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I'll . . . get meat to have thee,
Or lose my life in the purchase. --Beau. & Fl.
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2. The act of seeking and acquiring property.
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3. The acquisition of title to, or properly in, anything for
a price; buying for money or its equivalent.
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It is foolish to lay out money in the purchase of
repentance. --Franklin.
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4. That which is obtained, got, or acquired, in any manner,
honestly or dishonestly; property; possession;
acquisition. --Chaucer. B. Jonson.
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We met with little purchase upon this coast, except
two small vessels of Golconda. --De Foe.
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A beauty-waning and distressed widow . . .
Made prize and purchase of his lustful eye. --Shak.
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5. That which is obtained for a price in money or its
equivalent.
“The scrip was complete evidence of his right
in the purchase.” --Wheaton.
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6. Any mechanical hold, or advantage, applied to the raising
or removing of heavy bodies, as by a lever, a tackle,
capstan, and the like; also, the apparatus, tackle, or
device by which the advantage is gained.
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A politician, to do great things, looks for a power
-- what our workmen call a purchase. --Burke.
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7. (Law) Acquisition of lands or tenements by other means
than descent or inheritance, namely, by one's own act or
agreement. --Blackstone.
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Purchase criminal, robbery. [Obs.] --Spenser.
Purchase money, the money paid, or contracted to be paid,
for anything bought. --Berkeley.
Worth [so many] years' purchase, or
At [so many] years' purchase
, a phrase by which the value or cost of a thing is
expressed in the length of time required for the income to
amount to the purchasing price; as, he bought the estate
at a twenty years' purchase. To say one's life is
not worth a day's purchase in the same as saying one will
not live a day, or is in imminent peril.
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