Ankauf

Ankauf is a German noun meaning the act of buying or acquiring something. It is used in several contexts to describe a one-time purchase or the acquisition of assets, goods, or rights. The verb is ankaufen; common synonyms include Erwerb and Anschaffung, though those terms can carry a broader or slightly different nuance.

In business and public procurement, Ankauf describes the purchase of goods, raw materials, or services by a company or public entity. The process typically encompasses specification, supplier selection, price negotiation, contract formation (Kaufvertrag), delivery terms, payment, and acceptance of the goods or services.

In the arts and culture sector, museums, galleries, and collectors practice Ankauf when acquiring artworks or artifacts. Acquisitions involve valuation, provenance research, authenticity checks, negotiation, and often funding from sponsorships or public budgets.

In finance and real assets, Ankauf denotes the purchase of assets such as securities, real estate, or debt by institutions, funds, or governments. Such acquisitions are subject to due diligence, regulatory requirements, and integration into the acquirer’s portfolio. The opposite concept is Verkauf.

In consumer markets, dealers or pawnbrokers may offer Ankauf services for used items, including electronics, jewelry, or metals. The item is appraised, an offer is made, and ownership transfers upon agreement.

Etymology: from the verb ankaufen, composed of an + kaufen (to buy). The term emphasizes the act of obtaining an external asset through purchase, as distinct from Verkauf or Veräußerung.