Purchase Order

(redirected from Purchase Orders)
Also found in: Dictionary, Thesaurus, Financial.

Purchase Order

A document authorizing a seller to deliver goods, with payment to be made at a later date.

A purchase order is a written authorization requesting a vendor to furnish goods to a purchaser. It is an offer from the purchaser to buy certain articles. The offer is accepted by the seller when she supplies the requested items. A contract is formed and the seller can expect payment in return for the delivered goods.

References in periodicals archive ?
Purchase order, or, "PO financing" is an arrangement where a third party agrees to give a supplier enough money to fund a customer's purchase order.
Finally, you may even dare to suggest that your company re-evaluate its purchase order review process to truly fulfill your role as gatekeeper for the business.
Bittium Wireless Ltd, a subsidiary of Bittium Oyj, (HEL:BITTI), a provider of communications and connectivity solutions, announced on Thursday the receipt of a purchase order from the Finnish Defence Forces for products included in the Software Defined Radio based Bittium Tactical Wireless IP Network (TAC WIN) system and Bittium Tough Comnode terminals, which are meant for tactical communications.
The PCOO also split a total of P4,405,653 worth of procurement of WiFi internet access into seven purchase orders and were awarded between two suppliers.
PURCHASE ORDERS reflects a summary of each purchase order, but not the products purchased.
The company has received the new purchase orders for air monitors and process monitors.
It comes in the wake of a High Court judicial review decision on a compulsory purchase order to demolish homes in Liverpool.
* Never let purchase order issuers access your invoice processing screens.
Despite the time limitations imposed by the fast pace of doing business today, it is still important to issue purchase orders. Foremost, as the UCC relegates, it's the law to document.
I used some examples earlier on different grades where it may not simply be the PSI standards being applied, [but] a customer has some additional needs that it would like as part of its purchase order. The mill specs and documents need to be with the suppliers.
But Coun Lee Martin wants the council to refuse any further compulsory purchase orders until SHG is clearer about compensation deals.
The system can also handle more than one purchase order at a time, and the purchasing department does not have to manage paper catalogs.