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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 Auctioning in Purchase?

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

Citation

RA in Purchase. Acronym24.com. (2022, March 30). Retrieved April 27, 2024 from https://acronym24.com/ra-meaning-in-purchase/

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