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- Dictionaryprocurement/prəˈkjʊəm(ə)nt/
noun
- 1. the action of obtaining or procuring something: "financial assistance for the procurement of legal advice"
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- Procurement
Acquisition of goods and services
Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. The term may also refer to a contractual obligation to "procure", i.e. to "ensure" that something is done. When a government agency buys goods or services through this practice, it is referred to as go... Wikipedia
