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TeachMeFinance.com - explain Purchased Purchased The term 'Purchased' as it applies to the area of energy can be defined as ' Receipts into transportation, storage, and/or distribution facilities within a state under gas purchase contracts or agreements whether or not billing or payment occurred during the report year'. Previous 5 Terms: puniceous pupigerous Purchase of development rights (PDR) Purchase Order Purchase-contract imports of uranium Next 5 Terms: Purchased power Purchased power adjustment Purchaser road credits Pure pumped-storage hydroelectric plant pure science About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.