Definition of procurement in English:

procurement

noun

  • 1The action of obtaining or procuring something.

    ‘financial assistance for the procurement of legal advice’
    ‘the company's procurements from foreign firms’
    • ‘Measures to reduce border costs, harmonize technical standards, and liberalize public procurement expose firms to the rigours of competition.’
    • ‘A survey by the BIA found that about 50 per cent of the owners of firms thought that there was corruption when bids for public procurement were evaluated.’
    • ‘He also hopes that Taiwan will open up the market for foreign contractors in public procurement projects.’
    • ‘Now they are being asked to embark on a massive round of negotiations on virtually all trade issues at once, and to add new trade issues such as government procurement and foreign investment.’
    • ‘Traders at the satellite exchange negotiate deals and define technical requirements, including providing advice on procurement of ground segment hardware and teleport services.’
    • ‘£117 billion is being spent on procurement and small and medium-sized firms are being invited to cash in.’
    • ‘The issue of technology is becoming the forefront of American procurement and acquisition issues.’
    • ‘She welcomes the liberalization of access for Australian firms to US Government procurement programs.’
    • ‘He also said he decided to transfer school meal responsibility to schools after being given concrete legal, employment and procurement advice from senior council officers.’
    • ‘Internet-based procurement now puts foreign suppliers on almost equal footing as domestic suppliers.’
    • ‘If public bodies continue to exclude local firms from their procurement process, all the brave words about a Smart Successful Scotland will ring hollow.’
    • ‘We can use the intervening few years to make our markets more competitive, procurement more transparent and foreign investment much easier.’
    • ‘The marketing plan includes procurement of nuts at the appropriate time and giving the best price to the farmer.’
    • ‘A handful of firms are thought to have benefited from being consistently awarded procurement contracts and are at the centre of the probe.’
    • ‘Foreign firms have long decried the murky state of government procurement.’
    • ‘During the talks, she said that Bulgarian legislation did not impose restrictions on the access of foreign candidates to Government procurement contracts.’
    • ‘Of course, EU competition cases aren't confined just to subsidy cases, there are lots of actions involving mergers and acquisitions and also public procurement.’
    • ‘The President of the Trinidad and Tobago Manufacturers Association has a bit of advice for the Government when dealing with procurement.’
    • ‘Although China has laws and rules for government procurement and bidding, foreign executives said that much Olympic contracting is governed by neither.’
    • ‘Bitner teaches procurement and acquisitions management in the School of Business and Technology on the Jacksonville campus.’
    obtaining, acquiring, gaining, gain, procuring, procurement, collecting, collection, attainment, appropriation, amassing
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    1. 1.1 The action or occupation of acquiring military equipment and supplies.
      ‘defense procurement’
      • ‘Military procurement programs are based on complex, highly specialized political, military, diplomatic and business knowledge.’
      • ‘However, it was important to note that the budget excluded many items affecting regional security such as overseas procurement of defense equipment.’
      • ‘The experience of defence equipment procurement in the UK since the second world war is a story liberally strewn with cost overruns and timetable slippages, often on a massive scale.’
      • ‘Mechanisms to coordinate the countries' efforts in the production and procurement of arms and military equipment were put in place.’
      • ‘It also has the most advanced space and information capabilities, and it outspends all other nations on military research, procurement, and deployment.’
      • ‘The national defense law, on the other hand, stipulates that any procurement of military weaponry should be carried out by the defense ministry.’
      • ‘Military procurement has veered away from traditional land-based weapons toward an air-sea capability that protects offshore territory.’
      • ‘This budget abandons all hope of reforming wasteful military procurement and distorts America's priorities at home and abroad.’
      • ‘Our defense budget, troop pay, number of soldiers in uniform, weapons procurement, and National Guard deployments are all way, way up.’
      • ‘Even so, military procurement and research execs have shown plenty of enthusiasm for the blended wing.’
      • ‘In 1983, during the Reagan military buildup, procurement spending came to US $121 billion in today's dollars.’
      • ‘The benefit increases exponentially when a higher priority is placed on the additional procurement of equipment for the Army Reserve.’
      • ‘Changing world scenarios over the past several years have allowed U.S. leaders to shift budgetary resources away from defense procurement.’
      • ‘The rapid fielding initiative, for example, expedites procurement to provide better equipment where and when soldiers need it.’
      • ‘Military procurement is a technical issue about which I know very little.’
      • ‘There was no one agency in charge of military procurement.’
      • ‘They occasionally weigh in on defense production and procurement and military judicial matters.’
      • ‘These profits are used to improve military capabilities by facilitating procurement, to increase the salaries paid to soldiers, and to improve logistics.’
      • ‘Weapons systems procurement should be driven by military strategies developed by the defense ministry to respond to current and potential threats.’
      • ‘So without a substantial increase in arms and equipment procurement the Armed Forces defense capabilities could decline considerably.’
      attainment, reaching, gaining, winning, acquirement, procurement
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Pronunciation:

procurement

/prəˈkyo͝ormənt/