counterpurchase

English

Etymology

From counter- +‎ purchase.

Noun

counterpurchase (countable and uncountable, plural counterpurchases)

1. (economics) A form of countertrade in which an exporter purchases goods from another country in exchange for that country purchasing goods from the exporter.

Verb

counterpurchase (third-person singular simple present counterpurchases, present participle counterpurchasing, simple past and past participle counterpurchased)

1. To engage in such a purchase.