Black’s law Dictionary 1st Edition, page 160:
BUYER. One who buys; a purchaser, particularly of chattels.
Black’s Law 3rd Edition, page 262:
BUYER. One who buys ; a purchaser, particularly of chattels.
Black’s Law Dictionary 7th Edition, page 193:
buyer. One who makes a purchase. See PURCHASER.
buyer in ordinary course of business. A person who – in good faith and without knowledge that the sale violates a third party’s ownership rights or security interest in the goods – buys from a person regularly engaged in the business of selling goods of that kind.• Pawnbrokers are excluded from the definition. DCC § 1-201(9).
qualified institutional buyer. Securities. An institution with more than $100 million in invested assets.
Black’s Law Dictionary 8th Edition, page 600:
BUYER
buyer. One who makes a purchase. See PURCHASER.
buyer in ordinary course of business.A person who — in good faith and without knowledge that the sale violates a third party’s ownership rights or security interest in the goods — buys from a person regularly engaged in the business of selling goods of that kind. • Pawnbrokers are excluded from the definition. UCC § 1-201(b)(9). [Cases: Sales 234. C.J.S. Sales §§ 232–233, 235.]
qualified institutional buyer.Securities. An institution with more than $100 million in invested assets.
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