Definition of procurment
1. procurement [ n ] the act of getting possession of something
Examples:
"he was responsible for the procurement of materials and supplies"
(Public Papers of the Presidents of the U.S. D. D....)
- Approximately 45 % of the expenditures for the Department_of_Defense are for procurement , research , development , and construction programs .
The decreases , which are largely in construction and in aircraft procurement , are offset in part by increases for research and development and for procurement of other military equipment such_as tanks , vehicles , guns , and electronic_devices .
The decreases , which are largely in construction and in aircraft procurement , are offset in part by increases for research and development and for procurement of other military equipment such_as tanks , vehicles , guns , and electronic_devices .
New obligational authority for 1961 recommended in this budget for aircraft procurement ( excluding amounts for related research and construction ) totals $ 4753 million , which is $ 1390 million below that enacted for 1960 .
On_the_other_hand , the new authority of $ 3825 million proposed for missile procurement ( excluding research and construction ) in 1961 is $ 581 million higher than for 1960 .
Synonyms procurement procural procurance Related Terms acquisition procureSimilar Spelling
procurementprocure
procurer
procreate
procurator
procurance
procurable
procreative
procreation
procural
procuress
precursor
Precourt