procurement
Americannoun
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the act of procuring, or obtaining or getting by effort, care, or the use of special means.
The organ procurement procedure is very complicated.
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the act of obtaining equipment, materials, or supplies.
The secretary of defense argued in favor of increasing the budget for procurement.
Usage
What does procurement mean? Procurement most commonly refers to the formal, official process of purchasing and obtaining materials, supplies, or equipment, especially in the context of business or government.Many large companies and government agencies have a procurement department that handles the ordering and acquisition of supplies. Such a department is often simply referred to as procurement, as in You’ll have to ask procurement to order those materials. Procurement is the noun form of the verb procure. In general, procurement means the act of getting something, especially through special means or extra effort, as in The procurement of transplant organs is a complex process.Example: If someone says they work in procurement, it means they spend a lot of time navigating the supply chain to get what their company needs.
Other Word Forms
- nonprocurement noun
- self-procurement noun
Etymology
Origin of procurement
First recorded in 1300–50; procure ( def. ) + -ment ( def. )
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
He said there were some "significant issues" around procurement which needed to be resolved by the UK government.
From BBC
But in other ways the new ships, ordered by ferries procurement agency CMAL, represent a significant departure in design terms.
From BBC
Though munitions are being deployed at a rapid pace, due to long lead-in times for procurement and production, there is a lag until any increased demand can be met.
From Barron's
Higher spending on weapons procurement, including bombers, ships, missiles, missile defense, and other items should be in the request.
From Barron's
It highlighted systemic risks in public procurement and limited competition for the largest contracts which make up five percent of Hungary's GDP.
From Barron's
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
