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buy (v.)

Old English bycgan (past tense bohte) "get by paying for, acquire the possession of in exchange for something of like value; redeem, ransom; procure; get done," from Proto-Germanic *bugjan (source also of Old Saxon buggjan, Old Norse byggja, Gothic bugjan), which is of unknown origin and not found outside Germanic.

The surviving spelling is southwest England dialect; the word was generally pronounced in Old English and Middle English with a -dg- sound as "budge," or "bidge." Meaning "believe, accept as true" is attested by 1926. Related: Bought; buying. To buy time "prevent further deterioration but make no improvement" is attested from 1946.

buy (n.)

"a purchase," especially a worthwhile one, 1875, American English, from buy (v.).

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Definitions of buy from WordNet
1
buy (v.)
obtain by purchase; acquire by means of a financial transaction;
She buys for the big department store
Synonyms: purchase
buy (v.)
make illegal payments to in exchange for favors or influence;
This judge can be bought
Synonyms: bribe / corrupt / grease one's palms
buy (v.)
be worth or be capable of buying;
This sum will buy you a ride on the train
buy (v.)
acquire by trade or sacrifice or exchange;
She wanted to buy his love with her dedication to him and his work
buy (v.)
accept as true;
I can't buy this story
2
buy (n.)
an advantageous purchase;
the stock was a real buy at that price
Synonyms: bargain / steal
From wordnet.princeton.edu