Definition, Meaning & Synonyms
coempt
verb
/koʊˈɛmpt/
Definition
To acquire by mutual agreement or purchase, especially in a business context; generally refers to the action of collectively buying or obtaining something together.
Examples
- They decided to coempt the land to build a community park.
- After several discussions, the companies agreed to coempt the new technology to enhance their products.
- The groups came together to coempt the supplies needed for the event.
Meaning
Coempt gives a sense of cooperative buying, where two or more parties come together to purchase something.
Synonyms
- purchase
- acquire
- buy
- procure
- obtain
