procurement

noun

pro·​cure·​ment prə-ˈkyu̇r-mənt How to pronounce procurement (audio)
prō-
: the act or process of procuring
especially : the obtaining of military supplies by a government

Examples of procurement in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Leaders need to bring that intelligence into the center—tied directly to pricing, procurement, inventory, and customer strategy. Benjamin Laker, Forbes.com, 16 Apr. 2025 The engineering, procurement and construction company (EPC) trades at a modest 14x forward earnings estimates, well below the 25-year median of 20x. Michael Khouw, CNBC, 14 Apr. 2025 How Gardens Are Chosen For clubs and homeowners, the procurement process begins two to three years in advance, which gives the owners time to ready their spaces. Jennifer Prince, Southern Living, 12 Apr. 2025 And now, America has triggered a wide ranging shift in European defense policy, spending, and procurement. David McWilliams, Time, 9 Apr. 2025 See All Example Sentences for procurement

Word History

First Known Use

14th century, in the meaning defined above

Time Traveler
The first known use of procurement was in the 14th century

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Cite this Entry

“Procurement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/procurement. Accessed 22 Apr. 2025.

Legal Definition

procurement

noun
pro·​cure·​ment
1
: the act of procuring
2
: the purchasing, leasing, renting, or selling of materials, services, equipment, or construction

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