Another definition
The US Federal Acquisition Institute is more specific
- According to them, acquisition is
- "The acquiring by contract with appropriated funds of supplies or services (including construction) by and for the use of the organization through purchase or lease, whether the supplies or services are already in existence or must be created, developed, demonstrated, and evaluated"
- In other words, the process of contracting!
- I.e. reaching & administering a signed legal agreement