[proh-kyoo
r, pruh-] 
verb, -cured, -cur⋅ing.| 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. |
| 4. | to act as a procurer or pimp. |
| pro·cure (prō-kyŏŏr', prə-) v. pro·cured, pro·cur·ing, pro·cures v. tr.
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. |
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
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