Meaning of the word procurement in English

What does procurement mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

procurement

US /prəˈkjʊr.mənt/

UK /prəˈkjʊr.mənt/

the action of obtaining or procuring something, especially with care and effort

Example:

•

The procurement of raw materials is crucial for manufacturing.

•

Government procurement processes can be complex.

Synonym:

acquisition obtainment purchase sourcing provision

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Related Word:

procure procurement officer