"Buy" can be a term used in a number of different situations, such as the following:
1. To acquire possession and ownership of a good or service in exchange for payment, either in the form of money or the equivalent value.
2. A buy rating is an investment analyst’s recommendation to buy a security, and implies the security is undervalued.
3. A buy order is an instruction to a broker to buy a security. There are six types of security order.
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