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Subsidization vs Procurement - What's the difference?

subsidization | procurement |

As nouns the difference between subsidization and procurement

is that subsidization is the act or process of subsidizing while procurement is (uncountable) the purchasing department of a company.

subsidization

English

Noun

(en noun)
  • The act or process of subsidizing.

    • procurement

    English

    (wikipedia procurement)

    Noun

  • (uncountable) The purchasing department of a company.
  • (countable) The act of procuring or obtaining; obtainment; attainment.
    • 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.
  • Efficient contrivance; management; agency.
    • They think it done by her procurement . -Dryden.

    Derived terms

    * chief procurement officer