Financial Terms Glossary

Outright Purchase

Formal

No frills purchase of an asset, probably for cash, for use in business. As opposed to rental, contract hire, sale or return - where ownership may not transfer.

Informal

The easiest term in the whole definitions database. Something that's bought outright is owned, usually paid for in cash, where all the risks and rewards of ownership are yours.

What we do

At Shark Finesse we have created business case software to help you win budget and change the way you talk to customers about business value.
Find out how

We'd love to hear from you!

Phone
+44 (0)1256 338635
Address
Grove House, Lutyens Close
Basingstoke, Hampshire
RG24 8AG, UK