What is the definition of Purchase cycle? | Dictionary.net

PURCHASE CYCLE

\pˈɜːt͡ʃɪs sˈa͡ɪkə͡l], \pˈɜːt‍ʃɪs sˈa‍ɪkə‍l], \p_ˈɜː_tʃ_ɪ_s s_ˈaɪ_k_əl]\

Definitions of PURCHASE CYCLE

1910 - Black's Law Dictionary (2nd edition)

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The frequency with which an item is purchased to replace it in a companyâ€™s inventory. The frequency that a person replaces items that are purchased on a regular basis.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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