Procurement
procurement (noun) - the process of purchasing supplies for a company or a large organisation like an army (includes a lot of paperwork and procedures for avoiding corruption and abuse, this word is especially common for weapons and military supplies)
procure (verb) - to obtain or get something (usually something difficult to get)
Example sentences:
* Soon they will have to open up to European competition in their building and procurement contracts.
* Public sector procurement contracts constitute a significant market,
* This year they are offering much higher prices for the delivery or procurement of grains sold to the state.
* Mr. Smith offered undue favours to the company in the procurement of super computers causing a loss of public confidence in his work.
* UK firms prequalified for 61 per cent of the procurement packages worth more than $100,000.
* Our online purchasing advice service can simplify procurement for companies.
* The investigation centres on irregularities in the procurement of supplies such as stationery and printing materials by government agencies.
* The impact of legislation on public sector and utilities procurement is uncertain.
* We're pushing eighty-five per cent cut in military procurement expenditures.
