Procurement meaning

The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.
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(uncountable) The purchasing department of a company.
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(countable) The act of procuring or obtaining; obtainment; attainment.

He was responsible for the procurement of materials and supplies.

I have a lot of experience in the procurement of construction materials and sub-contracts.

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Efficient contrivance; management; agency.

They think it done by her procurement. -Dryden.

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Procurement is the act of getting something, particularly military supplies.

An example of procurement is getting enough guns to equip an army.

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Origin of procurement

  • Old French procurer, from Late Latin procurare (“to take for, take care of, manage"), from pro- (“in behalf of") with curare (“care for").
    From Wiktionary