What is another word for purchase agreement?
Pronunciation: [pˈɜːt͡ʃɪs ɐɡɹˈiːmənt] (IPA) 
A purchase agreement is a legal document signed by two parties involved in the buying and selling of a property, business or asset. There are several other terms that can be used interchangeably with a purchase agreement, including contract of sale, sale and purchase agreement, agreement of purchase and sale, purchase and sale agreement, and sales agreement. These terms are commonly used in legal and real estate transactions, and all of them essentially refer to the same document that outlines the terms and conditions of a purchase. No matter which term is used, a purchase agreement sets the foundation for a binding and lawful transaction between the buyer and seller.
