counterpurchase

noun, verb — 2 senses

counterpurchase

noun

Etymology From counter- + purchase.

1

Economics, Sciences A form of countertrade in which an exporter purchases goods from another country in exchange for that country purchasing goods from the exporter.

counterpurchase

verb

Etymology From counter- + purchase.

1

To engage in such a purchase.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.