Definitions for Procurement
This page provides all possible meanings and translations of the word Procurement
Random House Webster's College Dictionary
pro•cureproʊˈkyʊər, prə-(v.)-cured, -cur•ing.
(v.t.)to obtain by care, effort, or the use of special means:
to procure secret documents.
to bring about, esp. by complicated or indirect means.
to obtain (a person) for the purpose of prostitution.
(v.i.)to act as a procurer or pimp.
Origin of procure:
1250–1300; ME < L prōcūrāre to take care of. See pro -1, cure
procurement, procurance, procural(noun)
the act of getting possession of something
"he was responsible for the procurement of materials and supplies"
The purchasing department of a company.
The act of procuring or obtaining; obtainment; attainment.
Efficient contrivance; management; agency.
They think it done by her procurement. -Dryden.
the act of procuring or obtaining; obtainment; attainment
efficient contrivance; management; agency
Procurement is the acquisition of goods, services or works from an external source. It is favorable that the goods, services or works 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. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing exposure to fraud and collusion.
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