Want to say procurement differently? Here are other words for procurement and its similar synonyms and opposite words to say in unique way.
Meaning of procurement
The act of obtaining or buying something, especially goods or services, for a company or organization.
Etymology of procurement
The word "procurement" comes from the Old French word "procurer", which is derived from the Latin words "pro" (on behalf of) and "curare" (to take care of), with the suffix "-ment" added to form a noun, referring to the act of obtaining or acquiring something
Synonyms
acquisition
purchasing
buying
sourcing
obtaining
getting
gaining
procuring
provision
supply
requisition
tender
bidding
contracting
outsourcing
commissioning
appointment
engagement
employment
hiring
recruitment
selection
purchase
exchange
trade
barter
negotiation
agreement
settlement
transaction
transfer
assignment
allocation
distribution
dispensation
issuance
Definitions
- The act of obtaining something, especially goods or services, for a company or organization
- The process of acquiring goods, works, and services, covering the activities from the identification of needs to the receipt of the goods or services
Usage Examples
- The company's procurement department is responsible for purchasing all the necessary equipment and supplies.
- The government's procurement process for the new highway project was lengthy and complex.
- The procurement of goods from overseas can be challenging due to customs regulations and shipping costs.
Antonyms
disposal
sale
transfer
relinquishment
abandonment
rejection
refusal
denial
dismissal
exclusion
elimination
removal
destruction
disposal
discarding
scrapping
junking
surrender
waiver
renunciation
abdication
resignation