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’
    • ‘Although China has laws and rules for government procurement and bidding, foreign executives said that much Olympic contracting is governed by neither.’
    • ‘He also hopes that Taiwan will open up the market for foreign contractors in public procurement projects.’
    • ‘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.’
    • ‘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.’
    • ‘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.’
    • ‘The President of the Trinidad and Tobago Manufacturers Association has a bit of advice for the Government when dealing with procurement.’
    • ‘The marketing plan includes procurement of nuts at the appropriate time and giving the best price to the farmer.’
    • ‘£117 billion is being spent on procurement and small and medium-sized firms are being invited to cash in.’
    • ‘During the talks, she said that Bulgarian legislation did not impose restrictions on the access of foreign candidates to Government procurement contracts.’
    • ‘We can use the intervening few years to make our markets more competitive, procurement more transparent and foreign investment much easier.’
    • ‘She welcomes the liberalization of access for Australian firms to US Government procurement programs.’
    • ‘A handful of firms are thought to have benefited from being consistently awarded procurement contracts and are at the centre of the probe.’
    • ‘Traders at the satellite exchange negotiate deals and define technical requirements, including providing advice on procurement of ground segment hardware and teleport services.’
    • ‘Measures to reduce border costs, harmonize technical standards, and liberalize public procurement expose firms to the rigours of competition.’
    • ‘The issue of technology is becoming the forefront of American procurement and acquisition issues.’
    • ‘Bitner teaches procurement and acquisitions management in the School of Business and Technology on the Jacksonville campus.’
    • ‘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.’
    • ‘Foreign firms have long decried the murky state of government procurement.’
    • ‘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.’
    obtaining, acquiring, gaining, gain, procuring, collecting, collection, attainment, appropriation, amassing
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    1. 1.1 The action or occupation of acquiring military equipment and supplies.
      ‘defense procurement’
      • ‘However, it was important to note that the budget excluded many items affecting regional security such as overseas procurement of defense equipment.’
      • ‘Military procurement is a technical issue about which I know very little.’
      • ‘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.’
      • ‘Military procurement programs are based on complex, highly specialized political, military, diplomatic and business knowledge.’
      • ‘Changing world scenarios over the past several years have allowed U.S. leaders to shift budgetary resources away from defense procurement.’
      • ‘The national defense law, on the other hand, stipulates that any procurement of military weaponry should be carried out by the defense ministry.’
      • ‘It also has the most advanced space and information capabilities, and it outspends all other nations on military research, procurement, and deployment.’
      • ‘Even so, military procurement and research execs have shown plenty of enthusiasm for the blended wing.’
      • ‘Mechanisms to coordinate the countries' efforts in the production and procurement of arms and military equipment were put in place.’
      • ‘Military procurement has veered away from traditional land-based weapons toward an air-sea capability that protects offshore territory.’
      • ‘There was no one agency in charge of military procurement.’
      • ‘So without a substantial increase in arms and equipment procurement the Armed Forces defense capabilities could decline considerably.’
      • ‘This budget abandons all hope of reforming wasteful military procurement and distorts America's priorities at home and abroad.’
      • ‘In 1983, during the Reagan military buildup, procurement spending came to US $121 billion in today's dollars.’
      • ‘Our defense budget, troop pay, number of soldiers in uniform, weapons procurement, and National Guard deployments are all way, way up.’
      • ‘The rapid fielding initiative, for example, expedites procurement to provide better equipment where and when soldiers need it.’
      • ‘Weapons systems procurement should be driven by military strategies developed by the defense ministry to respond to current and potential threats.’
      • ‘The benefit increases exponentially when a higher priority is placed on the additional procurement of equipment for the Army Reserve.’
      • ‘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.’
      attainment, reaching, gaining, winning, acquirement
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Pronunciation

procurement

/prəˈkyo͝ormənt//prəˈkjʊrmənt/