buy side

Noun

buy side (plural buy sides)

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