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procurement
[proh-kyoor-muhnt, pruh‑]
noun
the act of procuring, or obtaining or getting by effort, care, or the use of special means.
The organ procurement procedure is very complicated.
the act of obtaining equipment, materials, or supplies.
The secretary of defense argued in favor of increasing the budget for procurement.
Other 51Թ Forms
- nonprocurement noun
- self-procurement noun
51Թ History and Origins
Origin of procurement1
Example Sentences
"And that's why we need strong procurement systems. I think it's absolutely right for the public to be angry and concerned."
Coordinated or pooled procurement across hospitals or states could also reduce the cost of newer antibiotics, as seen with cancer drug programs, researchers say.
Court documents detail how the men allegedly solicited the procurement of US defence articles, including missiles, air defence radar, drones and cryptographic devices for unlawful export to China.
It added savings would also come from "operating expenses, with increased efficiency of spend in procurement and real estate".
A security pact could pave the way for greater UK involvement in EU-wide defence procurement projects, as well as access to a loans scheme for British defence firms.
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When To Use
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.
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