Procurement — is the acquisition of goods and/or services. It is favourable that the goods/services are appropriate and that they are procured at the best possible cost to meet the needs of the purchaser in terms of quality and quantity, time, and location.… … Wikipedia
procurement — pro‧cure‧ment [prəˈkjʊəmənt ǁ proʊˈkjʊr ] noun [countable, uncountable] formal COMMERCE the act of ordering and buying the equipment, supplies, services etc needed by a company or other organization: • Uncertainty in government procurements hit… … Financial and business terms
Procurement programme of the Royal Australian Navy — The Royal Australian Navy, although a significant one in the Asia Pacific region, is nonetheless classed as a medium sized navy. Its fleet is based around two main types of surface combatant, with limited global deployment and air power… … Wikipedia
Procurement — 1. To attain possession of something, usually after exerting a substantial effort to do so. 2. The purchasing of something usually for a company, government or other organization. Here are some examples of sentences using the word procurement : 1 … Investment dictionary
procurement — noun /prəˈkjʊə.mənt/ a) The purchasing department of a company. He was responsible for the procurement of materials and supplies. b) The act of procuring or obtaining; obtainment; attainment. They think it done by her procurement. Dryden … Wiktionary
procurement — [[t]prəkjʊ͟ə(r)mənt[/t]] N UNCOUNT Procurement is the act of obtaining something such as supplies for an army or other organization. [FORMAL] Russia was cutting procurement of new weapons by about 80 per cent , he said. Syn: acquisition … English dictionary
procurement — pro|cure|ment [ prə kjurmənt ] noun uncount 1. ) the process of buying supplies or equipment for a government department or company: defense procurement 2. ) FORMAL the process of obtaining something, especially with effort or difficulty … Usage of the words and phrases in modern English
procurement — UK [prəˈkjʊə(r)mənt] / US [prəˈkjʊrmənt] noun [uncountable] 1) the process of buying supplies or equipment for a government department or company defence procurement 2) formal the process of obtaining something, especially with effort or… … English dictionary
procurement — noun the act of getting possession of something (Freq. 8) he was responsible for the procurement of materials and supplies • Syn: ↑procurance, ↑procural • Derivationally related forms: ↑procure (for: ↑ … Useful english dictionary
procurement — noun Date: 14th century the act or process of procuring; especially the obtaining of military supplies by a government … New Collegiate Dictionary