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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

procurement

see PURCHASING, BUYING PROCESS.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
He added: "Today the Government cannot really tell us how much British food they procure in many of the Government departments.
It is usually not possible for any single library to procure all the materials that are relevant to its users.
Nissan procures tires from Bridgestone for sedans designed for taxis.