purchase volume

USAGE SUMMARY

"purchase volume" is correct and usable in written English.
You can use it when referring to the amount of something that is bought. For example, "The company saw a significant increase in their purchase volume over the course of the year."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

33 human-written examples

As their purchase volume increased, they qualified for deeper discounts.

The New Yorker

On a local currency basis, purchase volume increased less than 1percentt.

The New York Times

The company is the country's biggest credit card issuer by purchase volume.

The New York Times

These loans currently account for about a quarter of the credit union's purchase volume, and 65 percent of those borrowers are first-time buyers, Ms. Miller said.

The New York Times

MasterCard's credit card purchase volume was $115 billion in the first quarter of 2011, a 5 percent increase compared with the year earlier.

The New York Times

Excluding the distribution of some Dr Pepper Snapple Group brands taken over with the bottling purchase, volume was up 5 percent.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

26 human-written examples

It said: "House purchase volumes are higher than a year ago, but remain low relative to the past decade".

The Guardian - Business

Increased coffee purchase volumes for its grower partners helps to create more sustainable futures.

The Guardian

With over 300 locations around the Western US and estimated revenues of $625m in 2012, In-N-Out is a significant beef buyer, though it doesn't disclose its purchase volumes or name its suppliers.

The Guardian

Visa, in its earnings report for the three months ending in March, showed $199 billion in credit purchase volumes in the United States, a 9 percent rise compared with the year-ago quarter.

The New York Times

At Bank of America, debit card purchase volumes were up 28% in the quarter, while revenue from debit cards was up 29%.

Forbes

Expert writing Tips

Best practice

When discussing market trends or economic indicators, use "purchase volume" to clearly denote the total amount of goods or services bought within a specific timeframe.

Common error

Avoid using "purchase volume" interchangeably with "sales volume". While related, "purchase volume" reflects the buyer's perspective, whereas "sales volume" indicates the seller's.

Linguistic Context

The phrase "purchase volume" primarily functions as a noun phrase, typically used as a subject or object in a sentence. As Ludwig AI confirms, it accurately describes the quantity or amount of goods or services acquired in a transaction.

Expression frequency: Common

Frequent in

News & Media

40%

Science

35%

Formal & Business

20%

Less common in

Wiki

3%

Encyclopedias

1%

Reference

1%

Ludwig's WRAP-UP

In summary, "purchase volume" is a common noun phrase used to describe the total quantity of goods or services bought. Ludwig AI validates its correctness and applicability in various contexts, particularly in news, science, and formal business settings. While alternatives like "sales volume" or "order volume" exist, they emphasize different aspects of the transaction. As this analysis shows, "purchase volume" is a well-established and useful term for quantifying buying activity, and is frequently employed in reliable sources, as demonstrated in Ludwig's examples.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

volume of purchases

A slightly rephrased version with the same meaning but a different word order.

buying volume

Describes the volume of goods being bought, similar but less formal than "purchase volume".

sales volume

Refers to the volume of sales, focusing on the seller's perspective rather than the buyer's.

amount purchased

A simpler way to express the quantity of items bought.

order volume

Indicates the quantity of orders placed, emphasizing the demand side.

acquisition volume

Highlights the volume of acquisitions, which can be used in contexts like company mergers.

procurement volume

Relates to the volume of procurement activities, often used in a business or organizational context.

quantity acquired

Highlights the quantity of items acquired, which might not always involve a purchase.

consumption volume

Focuses on the amount consumed rather than purchased.

intake volume

Used when referring to the volume of intake, such as food or resources.

FAQs

How to use "purchase volume" in a sentence?

You can use "purchase volume" to describe the total quantity of goods or services bought. For example, "The company's "purchase volume" increased significantly during the holiday season".

What can I say instead of "purchase volume"?

You can use alternatives like "buying volume", "order volume", or "sales volume" depending on the context.

Which is correct, "purchase volume" or "purchasing volume"?

"Purchase volume" is more commonly used and generally preferred. "Purchasing volume" /s/purchasing+volume is also acceptable but slightly less frequent.

What's the difference between "purchase volume" and "sales volume"?

"Purchase volume" refers to the amount of goods or services bought by customers, while "sales volume" refers to the amount of goods or services sold by a company. They are opposite sides of the same transaction.