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.
If constrained flows persist long enough to deplete buffers—potentially beyond about six weeks—manufacturers could face tighter allocations and higher procurement costs, they add.
Moscow’s nimble defense procurement networks will adapt to keep drone supplies flowing.
From Barron's
Defence officials insisted to MPs that the delay to the investment plan had not led to a freeze in procurement, and that the MoD was still signing contracts for new kit.
From BBC
An NFU Cymru spokesperson said it was asking all parties to make a commitment to increasing procurement levels of Welsh produce, ahead of the Senedd elections in May.
From BBC
The resolution is strongly worded but also filled with caveats — noting that the district will comply with contracting and procurement laws.
From Los Angeles Times
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.
