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proˈcurement

British  
/ prəˈkjʊəmənt /

noun

  1. the act or an instance of procuring

  2. commerce

    1. the act of buying

    2. ( as modifier )

      procurement cost

      procurement budget

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012