procurement

noun

Synonyms of procurementnext
: 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
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Meanwhile, long term supply agreements provide the ability to lock in multiyear procurement volumes with clients, mitigating uncertainties stemming from short term market volatility. — CNBC, 27 Oct. 2026 During economic shifts, enterprise buyers instantly add procurement layers. — Expert Panel®, Forbes.com, 26 Oct. 2026 The Spanish Navy and Navantia are working from operational requirements, and the final design must still go through procurement. — Christopher McFadden, Interesting Engineering, 24 Oct. 2026 In April this year, a European consortium led by Belgian telecommunications company Proximus won one of four contracts together worth up to €180 million under the Commission’s sovereign cloud procurement programme. — Margot Edelman, Fortune, 23 Oct. 2026 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 27 Oct. 2026.

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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