Dictionary of Procurement Terms

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Search Results: 31-40 of 102 results for “E”
  • Encryption

    The process of converting information or data into a code, especially to prevent unauthorized access. (Oxford Dictionaries)
  • Encumbrance

    The commitment of appropriated funds to purchase an item or service. To encumber funds means to set aside or commit funds to a specified future expenditure.
  • End Item

    A manufactured product that can be sold, distributed, or used without any additional work being done to it.
  • End user

    The individual or department who uses a procured good or service. End users may also be clients. See also: Client.
  • Energy Conservation

    1. A deliberate approach to the efficient use of energy to preserve natural resources. 2. A strategic plan that includes various elements of energy efficiency and energy reduction in all applicable areas of the supply chain.
  • Energy Efficiency Standard

    A performance standard for products that consume energy that prescribes a minimum level of energy efficiency, or low rate of energy consumption for a given output.
  • Energy Star

    A joint program of the Environmental Protection Agency (EPA) and the Department of Energy (DOE) to help consumers, businesses, and industries save money and protect the environment through the adoption of energy-efficient products and practices.
  • Engineer

    An individual, partnership, or corporation that designs materials, structures, machines, and systems, considers the limitations imposed by practicality, safety, and cost, and adheres to local and national building codes.
  • Engineering Estimate

    A cost estimate prepared by an engineering department or outside engineering firm that enables procurement professionals to estimate the potential cost of a project and establish a budget range.
  • Enterprise Fund

    1. A type of proprietary fund used to account for the fees charged in exchange for goods and services. An enterprise fund must generate revenue, provide goods or services, or operate as a stand-alone fund or be self-supporting. 2. A fund that controls various utilities such as water, water reclamation, storm water, electric, and other entities, providing service financed through user charges. See also: Internal Service Fund, Proprietary Fund.
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