Net Purchases means purchases of goods and services charged to the Account, less refunds and adjustments;
Dynamic Purchasing System means a completely electronic process, which has a limited duration, for making commonly used purchases, as more particularly defined and described in the Public Contract Regulations 2015.
Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.
Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.
Wholesale distribution means distribution of prescription drugs to persons other than consumers or