procurement has definitions from the field of business
1
[ noun ] (business) the act of getting possession of something

Synonyms

procural procurance

Examples

"he was responsible for the procurement of materials and supplies"

Used in print

(Public Papers of the Presidents of the U.S. D. D....)

- Approximately 45 % of the expenditures for the Department_of_Defense are for procurement , research , development , and construction programs .

The decreases , which are largely in construction and in aircraft procurement , are offset in part by increases for research and development and for procurement of other military equipment such_as tanks , vehicles , guns , and electronic_devices .

The decreases , which are largely in construction and in aircraft procurement , are offset in part by increases for research and development and for procurement of other military equipment such_as tanks , vehicles , guns , and electronic_devices .

New obligational authority for 1961 recommended in this budget for aircraft procurement ( excluding amounts for related research and construction ) totals $ 4753 million , which is $ 1390 million below that enacted for 1960 .

On_the_other_hand , the new authority of $ 3825 million proposed for missile procurement ( excluding research and construction ) in 1961 is $ 581 million higher than for 1960 .

Related terms

acquisition procure

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