Green’s Dictionary of Slang

buy n.

(drugs)

1. the purchase of a drug.

[US]J. Tully Shadows of Men 213: When too destitute to ‘make a buy’ [...] he would seek other addicts and tell them marvelous tales until they would give him a ‘jolt’.
[US]Current Hist. 181–4: A jury is usually loath to convict a Professional man, and if only one or more ‘buys’ have been made by the agent [...] he is usually acquitted.
[US]‘William Lee’ Junkie (1966) 69: The new pigeon is given marked money and sent out to make a buy.
[US]M. Braly On the Yard (2002) 239: He had been chippying with heavy even before chilly contacted him, and when his money grew long he was able to make several large buys.
[US]V.E. Smith Jones Men 57: Helped us get a buy at that Harper Street Place.
[US]J. Ellroy Brown’s Requiem 77: We could have pulled it off low-key [...] and making a discreet buy.
[US](con. 1970s) G. Pelecanos King Suckerman (1998) 34: You make the buy.
D.A. Summers ‘Nothing to Lose’ in ThugLit Nov.-Dec. [ebook] ‘[A] couple of brothers have a lab out there [...] Whenever Rico starts to run low [...] he just drives out there and makes a buy’.

2. money required to purchase a quantity of drugs.

[US]R. Shell Iced 71: He had to sell the rest to get his ‘buy’ (money to buy a quanitity of rock) money.

In phrases

on the buy (adj.)

(US) keen to spend money for goods and entertainment.

[UK]Mirror of Life 6 July 3/2: The Indians were on the buy, too, and money was no object when anything they saw took their fancy.