Acquirer (noun)

  1. An acquirer is a person, company, or organization that acquires or takes over ownership of something, usually another company, assets, or property.
  2. In the context of finance and payment systems, an acquirer is a financial institution that processes credit or debit card transactions on behalf of merchants.

Origin:

The word acquirer is derived from the verb "acquire" which means to gain possession of something.

Examples:

  1. The acquirer purchased the company for a large sum of money.
  2. The acquirer took over the assets and property of the bankrupt company.
  3. The bank acted as an acquirer and processed credit card transactions for the merchant.
  4. The acquirer is responsible for due diligence and integration of the newly acquired company.
  5. The acquirer made an offer to purchase the competitor's assets.
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