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Procurement Moderate

Origin: Latin suffix -ment

Procurement has 2 different meanings across 1 category:

Noun

Definitions
Noun
1

the act of getting possession of something

"he was responsible for the procurement of materials and supplies"

2

The purchasing department of a company.

"The new procurement team is negotiating better rates for office supplies next quarter."

In plain English: Procurement is the process of buying goods or services from outside suppliers to meet your needs.

"The company's procurement team is working to secure enough supplies for the new factory before the holiday rush."

Usage: Procurement refers to the process of acquiring goods and services rather than the department itself. Use it to describe the overall activity of sourcing and buying items needed for an organization.

Example Sentences
"The company's procurement team is working to secure enough supplies for the new factory before the holiday rush." noun
"The company's procurement department is ordering new supplies for next month." noun
"Our local government tightened rules on food procurement to ensure safety standards." noun
"She spent the morning comparing prices during her office furniture procurement trip." noun
Related Terms
Broader Terms (hypernyms)
acquisition

Origin

The word entered English from the Old French procurer, originally meaning to take care of or manage something on someone's behalf. It traveled through Middle English as procurement before settling into its current form with a slightly more formal tone.

Rhyming Words
ent bent ment went sent vent pent hent cent fent dent tent kent gent rent lent djent ament seent brent
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