The difference between Acquisition and Procurement
When used as nouns, acquisition means the act or process of acquiring, whereas procurement means the purchasing department of a company.
check bellow for the other definitions of Acquisition and Procurement
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Acquisition as a noun:
The act or process of acquiring.
Examples:
"The acquisition of sports equipment can be fun in itself."
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Acquisition as a noun:
The thing acquired or gained; a gain.
Examples:
"That graphite tennis racquet is quite an acquisition."
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Acquisition as a noun (computing):
The process of sampling signals that measure real world physical conditions and converting these signals into digital numeric values that can be manipulated by a computer.
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Procurement as a noun (uncountable):
The purchasing department of a company.
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Procurement as a noun (countable):
The act of procuring or obtaining; obtainment; attainment.
Examples:
"He was responsible for the procurement of materials and supplies."
"I have a lot of experience in the procurement of construction materials and sub-contracts."
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Procurement as a noun:
Efficient contrivance; management; agency.
Examples:
"They think it done by her procurement.'' -Dryden."