Nevada Revised Statutes 372.045 – ‘Purchase’ defined
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1. ’Purchase’ means any transfer, exchange or barter, conditional or otherwise, in any manner or by any means whatsoever, of tangible personal property for a consideration.
Terms Used In Nevada Revised Statutes 372.045
- Personal property: All property that is not real property.
2. A transaction whereby the possession of property is transferred but the seller retains the title as security for the payment of the price is a purchase.
3. A transfer for a consideration of tangible personal property which has been produced, fabricated or printed to the special order of the customer, or of any publication, is also a purchase.