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

The companies that treated AI procurement as a pure capability decision just learned that government action can override capability in a single afternoon. —Sandy Carter, Forbes.com, 13 June 2026

In February, Canada became the first non-European member of the SAFE mechanism, the European Union’s defense procurement initiative. —Rob Gillies, Fortune, 13 June 2026

In Berlin’s 80-billion-euro ($93 billion) military procurement plan for 2025-26, some 90% of arms were to be sourced from Europe. —Joseph Ataman, CNN Money, 13 June 2026

Under Subramanian, the first initiative FedEx announced was DRIVE, an efficiency plan that aimed to simplify operations through procurement savings, transportation optimization, automation and find different ways to lower overhead expenses. —Paulina Likos, CNBC, 12 June 2026

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