procurement

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Related to procuring: whoremonger, procuresses

Procurement

The act of buying, especially for business purposes. This term is often used in the energy industries; for example, one may procure oil in order to refine it.

procurement

see PURCHASING, BUYING PROCESS.
References in periodicals archive ?
I would like to quote from one case that demonstrates in rather simple terms the precedent required where a broker is deemed by the judge to be the procuring cause for a sale or lease; The judge stated: "It is well settled that in order to state a direct claim for a commission, a broker must prove (1) that he or she is duly licensed, (2) that he or she had a contract, express or implied, with the party to be charged with paying the commission, and (3) that he or she was the 'procuring cause' of the sale.
Indian navy has also issued a tender for procuring 56 choppers that will replace its fleet of the vintage Cheetah/Chetak helicopters.
is a leading provider of travel packaging technology with a Travel Package Management product suite for procuring, packaging, selling and distributing multi-component travel services through GDS, call center, Internet and direct channels.
General Manager Pakistan Agriculture Storage and Services Corporation (PASSCO), Chaudhry Abdul Majeed informed PASSCO has started to distributing about 10 million bags to the farmers for procuring wheat.
The answer lies in whether the broker was the procuring cause of the transaction.
DiStream also seeks injunctive relief to prevent Infinium from employing any trade secrets, relating to their agreement, that Infinium received from DiStream for any purpose, including procuring financing or launching its gaming network.
He said that Pakistan Agriculture Storage and Services Corporation (PASSCO) had established 12 procurement centres in two tehsils of Sindh for procuring wheat on official fixed rates of Rs.
As a consequence, the CMBS marketplace his seen an emergence of groups such as National Zoning Group, LLC, which specialize in quickly procuring satisfactory zoning letters from the appropriate municipalities on an expedited basis.
Teradyne obtained the GSA contract in order to reduce the time, complexity, and costs associated with procuring Teradyne test products by our customers in the DoD.
Exclusive brokerage agreements "cover" or "protect" the broker's right to a commission whether or not the broker is the procuring cause of the lease or sales transaction.
Content+ is part of the ePlusSuite of industry solutions, covering every aspect of business process management - from procuring goods and services, to tracking financial data and managing corporate assets, to outsourcing, fulfillment, content technology, and related services.