PrivCo

Purchase Agreement

Purchase Agreement defined: A purchase agreement is a contract that obligates the buyer to buy and the seller to sell. A binding legal document that establishes the terms of the agreement, including the sale price, the terms of the sale, and the actual item for sale.

Above is a definition for “Purchase Agreement” from PrivCo’s Private Company Knowledge Bank, the definitive online and e-book guide to private companies and private company deals.

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