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procurement

UK/pɹəˈkjʊə.mənt/US/pɹəˈkjʊəɹ.mənt/
nounC1Rare in speech; mostly a word you read · #12,364 of 15,258mostly written

Other forms: procurements

Procurement is the work of buying what an organisation needs. Public procurement, procurement rules, the procurement process.

In the public sector it is bound by rules meant to prevent favouritism, which is why buying a chair can take months and why the rules are both necessary and endlessly complained about. Procurement is a large profession in its own right. Note procure; and that the Latin means to look after.

Definitions of procurement

  1. 1nounprocurementThe work of buying what an organisation needs.C1

    “She works in procurement, buying everything from pens to laptops for the hospital.”

procurement is a buying function.

Where it comes from

Old French procurement comes from procurer, from Latin procurare, to take care of — pro plus curare, to care. Cure and curator come from the same care.

  1. Old French

    procurement

  2. Middle English

    procurement

  3. English, today

    procurement

Middle English procurement, from Old French procurement, from procurer.

Etymology from Wiktionary, CC BY-SA

Practised in Business & Money

Practise this word

procurement in the wild

  • Major procurement activity may involve the use of a tendering or competitive bidding process.

    Procurement

  • When a government agency buys goods or services through this practice, it is referred to as government procurement or public procurement.

    Procurement

  • The minister of government transformation, public services and procurement is the minister of the Crown responsible for Public Services and Procurement Canada (PSPC) and several other agencies.

    Minister of Government Transformation, Public Services and Procurement

  • In 2015, the title was change to be the minister of public services and procurement.

    Minister of Government Transformation, Public Services and Procurement

  • Sustainable procurement is a spending and investment process typically associated with public policy, although it is equally applicable to the private sector.

    Sustainable procurement

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From Wikipedia, CC BY-SA 4.0. These sentences were written by other people about their own subjects; they are here to show the word at work, not as anybody’s opinion.