procurement

noun
pro·​cure·​ment | \ prə-ˈkyu̇r-mənt How to pronounce procurement (audio) , prō- \

Definition of procurement

: 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 But the military procurement process has not been immune to the ethical concerns that have swirled around his presidency. Michael Steinberger, New York Times, "Does Palantir See Too Much?," 21 Oct. 2020 Smith was placed on leave and resigned in January 2018 amid a district investigation into procurement concerns. Lorraine Longhi, The Arizona Republic, "Plea deal may be in works in case against ex-Scottsdale schools CFO Laura Smith," 20 Oct. 2020 The Commission has already been playing a coordinating role in the potential procurement of a coronavirus vaccine. David Meyer, Fortune, "As COVID-19 numbers boom and markets tank, Europe’s leaders urge vaccine coordination," 15 Oct. 2020 Joy Sturm is a partner at global law firm Hogan Lovells and leads its life sciences procurement practice. Joy Sturm, STAT, "Navigating the new ‘buy American’ drug landscape: opportunities for some, pitfalls for others," 15 Oct. 2020 For young companies daunted by federal procurement rules, the CIA venture fund was a key way to develop the understanding needed to compete for government contracts. Tim Fernholz, Quartz, "Palantir is leaving Silicon Valley in the most Silicon Valley way possible," 2 Oct. 2020 Government clients have described broad uses for First Alert in procurement documents. Jeff Horwitz, WSJ, "Twitter Partner’s Alerts Highlight Divide Over Surveillance," 29 Sep. 2020 Researchers at MissionGO, a provider of unmanned aviation solutions, and the Nevada Donor Network, an organ procurement organization, announced last week two successful test flights carrying a human organ and tissue via drones in Las Vegas. Adrianna Rodriguez, USA TODAY, "A drone carrying a human kidney flew over the Las Vegas desert. Experts say it's the future of organ transportation.," 28 Sep. 2020 While on the face of it, any increase in prices would entail a budgetary cost, that translates into actual spending only if the procurement takes place. Atul Prakash, Bloomberg.com, "Why Modi’s Laws to Liberalize Farming Worry Farmers," 24 Sep. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'procurement.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of procurement

14th century, in the meaning defined above

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Time Traveler for procurement

Time Traveler

The first known use of procurement was in the 14th century

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Last Updated

24 Oct 2020

Cite this Entry

“Procurement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/procurement. Accessed 30 Oct. 2020.

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More Definitions for procurement

procurement

noun
pro·​cure·​ment

Legal Definition of procurement

1 : the act of procuring
2 : the purchasing, leasing, renting, or selling of materials, services, equipment, or construction

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