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
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Take these three steps to move toward a more nimble and abbreviated procurement process: • Change your procurement process—from product identification to evaluation to selection to purchasing. Mark Tauschek, Forbes, 4 Nov. 2024 The current procurement the time for new American weapons systems often exceeds 10 years. Gordon G. Chang, Newsweek, 31 Oct. 2024 The Mafia’s billions Between drug trafficking, racketeering, public procurement, legal companies or empty shells dedicated to money laundering, Italy’s Central Bank estimates the annual turnover of the country’s organised crime groups at 40 billion euros, or two percent of national wealth. Brooke Seipel, Fortune Europe, 27 Oct. 2024 The importance of drone warfare in Ukraine has also seen Russia look to Iran for procurement – deepening a security alignment that dates to 2015 and the war in Syria, when both backed the regime of Bashar al-Assad. Simone McCarthy, CNN, 24 Oct. 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 Nov. 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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