If the buyer will settle the transaction via cash upon pick up, the item becomes PPU. Dictionary, Cyber Definitions, and Cola Today define PPU as the acronym of internet market places that use “pending” or “porch” as are the most commonly used species for animal research their abbreviations. ” Someone will mark an item with a Pending Pick Up date assuming they have already technically sold the item to the buyer. PPU, POOS, ISO, NIB, EUC. These are the acronyms of the savvy swapper.
Once they receive a desirable offer, they can reserve the item for the buyer and declare it to be PPU. It could mean “please pick up”, an early iteration of the acronym. Alternatively, in hardware enthusiast circles, it could mean “physical processing unit”.
A pending sale status means the seller has accepted an offer from a hopeful buyer, but the deal hasn’t closed yet. (This is different from a contingent sale.) A property is placed in pending status the minute a contract is executed. I don’t buy anything full price without first checking to see if a neighbor has posted it on Facebook.
The first definition of PPU on Urban Dictionary dates back to 2018 and reads “pending retrieval”. PPU has a few other meanings besides “pending retrieval.” It can mean ‘to pick up’, an early repetition of the acronym. Alternatively, in hardware enthusiast circles, it could mean “physics processing unit.” It is a rare type of processor that handles physics-related tasks for computers. PPU is also the name of the image processing unit in the NES game console.
Because these often have a wide range of products, the acronym is used to keep track of which products are sold, available and PPU. Ten years ago, you could expect one or two people to respond to a product listing. Nowadays you can get dozens of questions about a listing. “PPU” is an excellent answer to questions about a reserved item.
