English Lexicon

Procurement Group

/prəˈkjʊr.mənt ɡruːp/
nounCEFR B2 (Upper)Top #1500 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A collective of individuals or departments within an organization responsible for acquiring goods and services.

    "The procurement group successfully negotiated a better contract with the supplier."
  2. 2

    A team that collaborates to manage purchasing processes and supplier relationships.

    "The procurement group meets weekly to discuss ongoing projects and supplier performance."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'procurement' originates from the Latin word 'procurare', meaning 'to take care of' or 'to manage', which evolved in Middle English to refer specifically to the act of obtaining goods or services. 'Group' comes from the French word 'groupe', which means 'a collection of things or people'. Together, 'procurement group' refers to a collective body responsible for acquiring goods and services.

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