Home » Purchase » What does RA mean in Purchase?

RA in Purchase Meaning

The RA meaning in Purchase terms is "Reverse Auctioning". There are 2 related meanings of the RA Purchase abbreviation.

RA on Purchase Full Forms

  1. Reverse Auctioning
  2. Reverse Auction A type of auction in which there are several sellers and only one buyer. The buyer usually purchases the goods or service from the seller who offers the lowest price.

Frequently Asked Questions (FAQ)

  1. What does RA stand for Purchase?

    RA stands for Reverse Auctioning in Purchase terms.

  2. What is the shortened form of Reverse Auction in Purchase?

    The short form of "Reverse Auction" is RA for Purchase.

Citation

RA in Purchase. Acronym24.com. (2022, March 30). Retrieved January 3, 2025 from https://acronym24.com/ra-meaning-in-purchase/

Last updated