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Definition of procurement - 5 dictionary results
Procurement
 Delivering compliance, productivity and purchased cost savings.
 www.eplus.com/eprocurement.htm
Simplifying Procurement
 B2B Procurement Mgmt. Solutions Get a Market Leader's Help!
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Online Procurement System
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pro⋅cure

  [proh-kyoor, pruh-] verb, -cured, -cur⋅ing.
Use procurement in a Sentence
–verb (used with object)
1. to obtain or get by care, effort, or the use of special means: to procure evidence.
2. to bring about, esp. by unscrupulous and indirect means: to procure secret documents.
3. to obtain (a person) for the purpose of prostitution.
–verb (used without object)
4. to act as a procurer or pimp.
Origin:
1250–1300; ME procuren < L prōcūrāre to take care of. See pro- 1 , cure

Related forms:
pro⋅cure⋅ment, noun

Synonyms:
1. gain, win. See get. 2. contrive. 4. pander, pimp.

Antonyms:
1. lose.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To procurement
Procurement
 Delivering compliance, productivity and purchased cost savings.
 www.eplus.com/eprocurement.htm
Simplifying Procurement
 B2B Procurement Mgmt. Solutions Get a Market Leader's Help!
 www.GlobaleProcure.com/Procurement
pro·cure   (prō-kyŏŏr', prə-)   
v.   pro·cured, pro·cur·ing, pro·cures

v.   tr.
  1. To get by special effort; obtain or acquire: managed to procure a pass.
  2. To bring about; effect: procure a solution to a knotty problem.
  3. To obtain (a sexual partner) for another.
v.   intr.
To obtain sexual partners for others.

[Middle English procuren, from Old French procurer, to take care of, from Latin prōcūrāre : prō-, for; see pro-1 + cūrāre, to care for (from cūra, care; see cure).]
pro·cur'a·ble adj., pro·cur'ance, pro·cure'ment n.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Procurement

Pro*cure"ment\, n. 1. The act of procuring or obtaining; obtainment; attainment.

2. Efficient contrivance; management; agency.

They think it done By her procurement. --Dryden.
Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
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Procurement

1. To attain possession of something, usually after exerting a substantial effort to do so.

2. The purchasing of something usually for a company, government or other organization.

Investopedia Commentary

Here are some examples of sentences using the word "procurement":

1. He was able to procure seats to the sold-out concert.

2. The company has a large budget for the procurement of office supplies.

Procurement is a term commonly used in the energy industry as many retailers must procure gas, electricity and/or other energy sources through trading activities, such as buying futures contracts.

Related Links

Economics Basics Tutorial
Futures Fundamentals

See also: Buy, Corporation, Hold, Liquidation, Sell

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Main Entry: pro·cure·ment
Function: noun
1 : the act of procuring
2 : the purchasing, leasing, renting, or selling of materials, services, equipment, or construction (as for a government agency)
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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