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Procurement

Abbreviation(s) and Synonym(s):

acquisition

Definition(s):

  Process of obtaining a system, product, or service.
Source(s):
NIST SP 800-160 Vol. 1 under acquisition from ISO/IEC/IEEE 15288

  Includes all stages of the process of acquiring product or services, beginning with the process for determining the need for the product or services and ending with contract completion and closeout.
Source(s):
NIST SP 800-161r1 under acquisition