Source : Webster's Revised Unabridged Dictionary (1913)

Procurement \Pro*cure"ment\, n.
   1. The act of procuring or obtaining; obtainment; attainment.

   2. Efficient contrivance; management; agency.

            They think it done By her procurement. --Dryden.

Source : WordNet®

procurement
     n : the act of getting possession of something; "he was
         responsible for the procurement of materials and
         supplies" [syn: {procurance}, {procural}]