procurement

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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 ?
The teenager claimed that the accused advised her to procure an abortion.
The letter should include the name of the pre-need company selling the pre-need plan, the type of pre-need plan it intends to procure, the number of pre-need plans and amount of transaction involved.
"Procure North West has clearly examined other frameworks and lessons learned from them.
( http://au.ibtimes.com/articles/571943/20141106/ac-dc-phil-rudd-drummer-procure-murder.htm) Ac/DC Drummer Phil Rudd Accused of Attempting to Procure Murder
"There was insufficient evidence to proceed with the charge of attempting to procure murder," prosecuting lawyer Greg Hollister-Jones said in a statement on Friday.
To meet those goals using a single platform, PRG expanded their Yardi Voyager[R] system and adopted Yardi Procure to Pay.
For more information about the CDH Proton Center, A ProCure Center, go to www.procure.com/il.
There are speculations that Iran has plan to procure more than 10 lakh metric tons from MP, a state known for producing one of the finest quality of wheat.
Procuring LNG from the British energy company which owns LNG sources at various locations worldwide will also allow the Japanese utility to procure the energy in an economical manner, it added.
The Committee decided to procure cargo helicopters from the United States for Turkish Land Forces and Special Forces.
Shakeel said that PASSCO would procure 15,60,000 tons wheat from Punjab and 40,000 tons from Sindh to build strategic reserves for future consumption in the country, he informed.