reckless procurement
[ˈrekləs prəˈkjʊrmənt]
noun phrasepl: reckless procurements
aquisição imprudente
1. The act of purchasing or obtaining goods, services, or supplies without proper consideration of risks, costs, regulations, or due diligence; purchasing decisions made without adequate planning or caution
The company's reckless procurement of untested equipment led to significant financial losses and safety issues.
A aquisição imprudente de equipamentos não testados pela empresa resultou em perdas financeiras significativas e problemas de segurança.
2. In government or institutional contexts, the careless acquisition of materials or services that violates proper tendering procedures or budget protocols
An audit revealed reckless procurement practices that wasted millions in public funds.
Uma auditoria revelou práticas de aquisição imprudente que desperdiçaram milhões em fundos públicos.
This term is particularly significant in Brazilian government and corporate contexts, where procurement audits and compliance are major issues. In Brazil, 'aquisição imprudente' often implies not just carelessness but potential violations of public procurement laws (Lei 8.666/93). The phrase carries serious implications in both institutional and governmental settings, frequently appearing in audit reports and corruption investigations. In the USA, the term reflects concerns about corporate governance and fiscal responsibility, especially in discussions about municipal budgets and institutional spending.
NYC Slang
reckless buying; shoot-from-the-hip purchasing
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