procurement

noun

pro·​cure·​ment prə-ˈkyu̇r-mənt How to pronounce procurement (audio)
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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
One solution lies in government procurement policies. Tiffany Callender, Forbes, 11 Dec. 2024 Federal government procurement may be at an inflection point, thanks to the DOGE effort being spearheaded by Elon Musk and Vivek Ramaswamy. Dan Primack, Axios, 9 Dec. 2024 Autos: After the abrupt resignation of Stellantis CEO Carlos Tavares, the automaker's board is considering its head of North American operations and procurement chief as internal candidates, a source tells the Free Press. Elissa Robinson, Detroit Free Press, 4 Dec. 2024 But any government procurement contract awarded to a major AI company would likely be worth tens of millions to hundreds of millions, if not billions, of dollars in revenue for those companies — and for their largest backers. Bykali Hays, Fortune, 27 Nov. 2024 See all Example Sentences for procurement 

Word History

First Known Use

14th century, in the meaning defined above

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

Dictionary Entries Near procurement

Cite this Entry

“Procurement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/procurement. Accessed 17 Dec. 2024.

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
Last Updated: - Updated example sentences
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