Word: Acquirer
Speech Type: Noun
Audio Pronunciation:
Phonetic Spelling:
əˈkwʌɪərə
Dialects: British English
Definition:
a person, or company that acquires something
Short Definition:person or company that acquires something
Examples:- many acquisitions failed to create value for the acquirer's shareholders because too much was paid to the target's shareholders
- they are now the biggest foreign acquirers of Queensland property
Definition:
a financial institution that processes credit and debit card transactions on behalf of the card issuers
Short Definition:financial institution that processes card transactions on behalf of card issuers
Examples:- for credit card transactions, retailers pay the acquirer a percentage of the cost of your purchase
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