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Meaning of "buying group" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF BUYING GROUP

buying group  [ˈbaɪɪŋ ɡruːp] play
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GRAMMATICAL CATEGORY OF BUYING GROUP

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Buying group is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES BUYING GROUP MEAN IN ENGLISH?

Group purchasing organization

In the United States, a group purchasing organization is an entity that is created to leverage the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. Many GPOs are funded by administrative fees that are paid by the vendors that GPOs oversee. Some GPOs are funded by fees paid by the buying members. Some GPOs are funded by a combination of both of these methods. These fees can be set as a percentage of the purchase or set as an annual flat rate. Some GPOs set mandatory participation levels for their members, while others are completely voluntary. Members participate based on their purchasing needs and their level of confidence in what should be competitive pricing negotiated by their GPOs. Group purchasing is used in many industries to purchase raw materials and supplies, but it is common practice in the grocery industry, health care, electronics, industrial manufacturing and agricultural industries. In recent years, group purchasing has begun to take root in the nonprofit community.

Definition of buying group in the English dictionary

The definition of buying group in the dictionary is an association of companies who use their combined purchasing power to achieve the best prices from suppliers.

WORDS THAT RHYME WITH BUYING GROUP


croup
kruːp
droop
druːp
drupe
druːp
group
ɡruːp
intergroup
ˌɪntəˈɡruːp
newsgroup
ˈnjuːzˌɡruːp
paratroop
ˈpærəˌtruːp
playgroup
ˈpleɪˌɡruːp
regroup
riːˈɡruːp
roup
ruːp
semigroup
ˈsɛmɪˌɡruːp
subgroup
ˈsʌbˌɡruːp
supergroup
ˈsuːpəˌɡruːp
troop
truːp
troupe
truːp
workgroup
ˈwɜːkˌɡruːp

WORDS THAT BEGIN LIKE BUYING GROUP

buy into
buy off
buy out
buy up
buy-back
buy-back option
buy-to-fret
buy-to-let
buyable
buycott
buyer
buyer´s market
buyers´ market
buying
buying behaviour
buying order
buying power
buying spree
buyoff
buyout

WORDS THAT END LIKE BUYING GROUP

action group
advocacy group
age group
battle group
carboxyl group
control group
discussion group
focus group
house group
in-group
interest group
media group
minority group
out-group
parent group
public-interest group
splinter group
support group
target group
user group
working group

Synonyms and antonyms of buying group in the English dictionary of synonyms

SYNONYMS

Translation of «buying group» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF BUYING GROUP

Find out the translation of buying group to 25 languages with our English multilingual translator.
The translations of buying group from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «buying group» in English.

Translator English - Chinese

买团
1,325 millions of speakers

Translator English - Spanish

grupo de compras
570 millions of speakers

English

buying group
510 millions of speakers

Translator English - Hindi

खरीद समूह
380 millions of speakers
ar

Translator English - Arabic

مجموعة شراء
280 millions of speakers

Translator English - Russian

покупка группа
278 millions of speakers

Translator English - Portuguese

grupo de compra
270 millions of speakers

Translator English - Bengali

ক্রয় গ্রুপ
260 millions of speakers

Translator English - French

groupe d´achat
220 millions of speakers

Translator English - Malay

Membeli kumpulan
190 millions of speakers

Translator English - German

Einkaufsgemeinschaft
180 millions of speakers

Translator English - Japanese

購買グループ
130 millions of speakers

Translator English - Korean

구매 그룹
85 millions of speakers

Translator English - Javanese

Tuku grup
85 millions of speakers
vi

Translator English - Vietnamese

nhóm mua
80 millions of speakers

Translator English - Tamil

குழு வாங்குதல்
75 millions of speakers

Translator English - Marathi

खरेदी गट
75 millions of speakers

Translator English - Turkish

Satın alma grubu
70 millions of speakers

Translator English - Italian

gruppo di acquisto
65 millions of speakers

Translator English - Polish

grupa zakupu
50 millions of speakers

Translator English - Ukrainian

покупка група
40 millions of speakers

Translator English - Romanian

grup de cumpărare
30 millions of speakers
el

Translator English - Greek

την αγορά της ομάδας
15 millions of speakers
af

Translator English - Afrikaans

koop groep
14 millions of speakers
sv

Translator English - Swedish

inköpsgrupp
10 millions of speakers
no

Translator English - Norwegian

kjøp gruppe
5 millions of speakers

Trends of use of buying group

TRENDS

TENDENCIES OF USE OF THE TERM «BUYING GROUP»

The term «buying group» is quite widely used and occupies the 50.579 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Quite widely used
77
/100
The map shown above gives the frequency of use of the term «buying group» in the different countries.
Principal search tendencies and common uses of buying group
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «buying group».

FREQUENCY OF USE OF THE TERM «BUYING GROUP» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «buying group» during the past 500 years. Its implementation is based on analysing how often the term «buying group» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about buying group

EXAMPLES

10 ENGLISH BOOKS RELATING TO «BUYING GROUP»

Discover the use of buying group in the following bibliographical selection. Books relating to buying group and brief extracts from same to provide context of its use in English literature.
1
A Primer on the Law of Joint Purchasing: A General Review of ...
... purchasing. The threshold legal issue for any buying group is whether the A Primer on the Law of Joint Purchasing Overview: How Antitrust Law Applies to Group Buying Arrangements.
‎2003
2
Retail Product Management: Buying and Merchandising
One solution that might be viable for retailers of this type is to become a member of a buying group. Buying groups effectively act as a buying organisation, but instead of acting on behalf of stores that are owned by the same business, they are ...
Rosemary Varley, 2006
3
The E-Business Handbook
are simply that repeated visitors who want the product will have purchased it and that the number of newly acquired customers will not be large enough to result in a large buying-group size. To what extent are group-buying Web sites at a ...
Paul B. Lowry, J. Owen Cherrington, Ronald R. Watson, 2001
4
The Law and Economics of Canadian Competition Policy
ment to acquire the goods sold. In addition, the guidelines discuss how the requirement for a 'purchaser' is applied in relation to buying groups, franchises, and international volume price concessions. The guidelines define 'buying group' as ...
‎2003
5
Professional Selling: A Trust-Based Approach
If it is an option, the salesperson should definitely work with the individuals comprising the buying group prior to presenting to the group as a whole. By doing so, the salesperson can better determine individual and group interests and motives ...
Thomas Ingram, Raymond LaForge, Ramon Avila, 2007
6
Retail Change: Contemporary Issues
A buying group may be created by a group of domestic retailers that wish to combine their buying power and in so doing become large enough to source internationally, organized through the management of the buying group. A typical  ...
Rosemary D.F. Bromley, Colin J Thomas, 2002
7
Income Tax Regulations (Winter 2009 Edition)
(b)(1) In the case of a stock sale, if the selling group ceases to provide any group health plan to any employee in connection with the sale, a group health plan maintained by the buying group has the obligation to make COBRA continuation  ...
CCH Tax Law Editors, Cch, 2008
8
38 CFR Pensions, Bonuses, and Veterans Relief: CFR Parts 0-17
(b)(1) In the case of a stock sale, if the selling group ceases to provide any group health plan to any employee in connection with the sale, a group health plan maintained by the buying group has the obligation to make COBRA continuation  ...
Office of The Federal Register, 2013
9
The Code of Federal Regulations of the United States of America
A group health plan of the buying group does not, as a result of the stock sale, have an obligation to make COBRA continuation coverage available to those qualified beneficiaries of the selling group who are not M&A qualified beneficiaries ...
10
L.S.A., List of C.F.R. Sections Affected
A group health plan of the buying group does not, as a result of the stock sale, have an obligation to make COBRA continuation coverage available to those qualified beneficiaries of the selling group who are not M&A qualified beneficiaries ...

10 NEWS ITEMS WHICH INCLUDE THE TERM «BUYING GROUP»

Find out what the national and international press are talking about and how the term buying group is used in the context of the following news items.
1
Majority Shareholder Makes $18.90 Offer for Momo Shares
Combined, the buying group owns approximately 47.8% of all of the issued and outstanding shares of the company, which represent about ... «SECFilings.com, Jul 15»
2
Showcase Jewellers shifts focus
Showcase general manager Carson Webb said the buying group was making a concerted effort to help members strengthen the diamond and ... «Jeweller Magazine, Jul 15»
3
Research firm Rentrak ties up with WPP's Interactive Television for …
... a fee to get access to its theatres, while Inox will sign up only if PVR does so too, said top sources at GroupM, WPP's media-buying group. «Economic Times, Jul 15»
4
Acara Partners Announces Complimentary Educational Webinar …
The webinar series is sponsored by MedResults Network, the largest, free aesthetic buying group in the USA. "We are excited to be back, ... «Benzinga, Jul 15»
5
Athena re-emerges as web-to-print cover art venture
“We've done market research and we're getting a good steer, especially in the female-to-male present-buying group. “We know an awful lot of ... «printweek.com, Jul 15»
6
Is a higher offer for Pacific Rubiales in the works?
The buying group, who started out offering $5 a share, termed its $6.50 a share offer “full, fair and final.” The shares closed Monday at $5.29 on ... «Financial Post, Jul 15»
7
China's Failing Stock Market Rescue Faces 'Black Tuesday'
Monday's China “buying group” was led by China brokerage leaders, Citic Securities Co. and Guotai Junan Securities Co.. They organized a ... «Breitbart News, Jul 15»
8
Furniture First Welcomes Three New Members
The qualifications for membership in the national buying group result in a high-quality cooperative. Furniture First only admits full-line ... «Furniture World Magazine, Jul 15»
9
CLR Roasters, LLC (YGYI) Awarded Topco's Full Circle Brand
Topco Associates, LLC, established in 1944 is a buying group that combines the buying power of its member-owners to secure competitive ... «SYS-CON Media, Jul 15»
10
Analysis: The opportunities for Ao.com and other retailers in Austria
Members of buying group Euronics collectively represent the biggest electricals retailer that Ao.com would be competing with. There are 232 ... «Retail Week, Jul 15»

REFERENCE
« EDUCALINGO. Buying group [online]. Available <https://educalingo.com/en/dic-en/buying-group>. Apr 2024 ».
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