innkaupi
Innkaupi is an Icelandic noun referring to the act or process of purchasing or shopping. It is used to describe both consumer shopping for goods and services and procurement activities in business or public-sector contexts. In everyday Icelandic, innkaupi encompasses the act of buying items during a shopping trip and the resulting purchases. In a corporate or governmental setting, the term can denote procurement processes, including sourcing, supplier selection, contracting, and the purchase of materials or services.
Etymology and related terms: innkaupi is formed from inn- (inward, into) and kaup (buying, trade). The word
Usage notes: innkaupi carries a broad scope, spanning everyday consumer activity and formal purchasing processes. In
See also: kauphæfni (purchasing power), verslun (retail), netinnkaup (online shopping), útboð (tender), innkaupakerfi (procurement system).