procurement

noun

pro·​cure·​ment prə-ˈkyu̇r-mənt 

prō-

: the act or process of procuring

especially : the obtaining of military supplies by a government

Examples of procurement in a Sentence

Recent Examples on the Web

As one of the few global chains with the size and procurement power to cut prices without immediately crippling profitability, the company can play offense where smaller rivals cannot. —Emma Burleigh, Fortune, 3 Sep. 2025

Implementation Risks Amplify Existing Document Management Problems The consequences of deploying AI on disorganized document systems are particularly severe in medtech, where regulatory and procurement decisions carry significant financial and compliance implications. —Stéphane Donzé, Forbes.com, 2 Sep. 2025

National security leaders in all three countries must commit to more multiyear procurement contracts and authorize and appropriate more funding for cutting-edge defense technologies. —Gary Roughead, Foreign Affairs, 2 Sep. 2025

Her organization is working to change the procurement process so schools can get access to more local food. —Alana Semuels, Time, 25 Aug. 2025

Word History

First Known Use

14th century, in the meaning defined above

Rhymes for procurement

• allurement

Legal Definition

procurement

noun

pro·​cure·​ment

1

: the act of procuring

2

: the purchasing, leasing, renting, or selling of materials, services, equipment, or construction