Procurement

Pronunciation

• IPA: /prəˈkjÊŠÉ™.mÉ™nt/

Origin

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

Full definition of procurement

Noun

1. (uncountable) The purchasing department of a company.
2. (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.
3. Efficient contrivance; management; agency.They think it done by her procurement. -Dryden.

Derived terms

• chief procurement officer