buy side

plural buy sides

1. businessThe sector of the finance industry that assists investors and investing institutions in purchasing products from the sell side.

   The sell side exists only because the buy side trades before we can understand when the sell side is profitable.

   2003, Larry Harris, Trading and Exchanges: Market Microstructure for Practitioners, →ISBN

   2 more examples

   Like their buy-side counterparts, the sell side will welcome entrepreneurs with open arms for no other reason than to regain the home court advantage: to reconnect to the buy side.

   2009, Richard Goldberg, The Battle for Wall Street, →ISBN

   I stand by the door, playing the role of greeter, accumulating lipstick impressions on my cheeks and, occasionally, a small gift -- a perk of the buy side.

   2013, Turney Duff, The Buy Side, →ISBN

2. A model of e-commerce in which an institution uses a software application to electronically streamline the purchasing process.

   The buy side model has one company buying products and services from many sellers.

   2008, J. Botha, C. H. Bothma, Pieter Geldenhuys, Managing E-commerce in Business, →ISBN, page 414

   2 more examples

   It provides a discussion of various e-commerce business models from differing persepectives and presents a taxonomy based on criteria such as sell side versus buy side, system orientation, penetration level, and organizational structure.

   2001, Syed Mahbubur Rahman, Robert J. Bignall, Internet Commerce and Software Agents, →ISBN, page 116

   On the buy side, e-commerce strategy aimed at carrying out the whole negotiation process on the web and performing transactions electronically with GE's suppliers.

   2014, Zheng Qin, Yang Chang, Shundong Li, E-Commerce Strategy, →ISBN, page 224