procurement Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “procurement” in the English Dictionary

"procurement" in British English

See all translations

procurementnoun [U]

uk   /prəˈkjʊə.mənt/  us   /-ˈkjʊr-/ formal
the ​process of getting ​supplies: a ​substantialbudget for the procurement ofmilitarysupplies
(Definition of procurement from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"procurement" in Business English

See all translations

procurementnoun [U]

uk   /prəˈkjʊəmənt/  us   /-ˈkjʊr-/ formal COMMERCE
the ​process by which an ​organizationbuys the ​products or ​services it ​needs from other ​organizations: He vows to ​cut procurement ​costs 10% by ​halving the ​number of ​globalsuppliers.procurement policy/procedure/rules We must ensure that the ​processfollows strict EU procurement ​rules.
See also
(Definition of procurement from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “procurement”
in Chinese (Simplified) 采购…
in Chinese (Traditional) 採購…
What is the pronunciation of procurement?
Add Cambridge dictionaries to your browser to your website
Word of the Day
coeducational

having male and female students being taught together in the same school or college rather than separately

Word of the Day