Noun: acquirer u'kwI(-u)r-u(r)- A person who acquires something (usually permanently)
- A corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock
- The financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card
- A credit card processing bank; merchants receive credit for credit card receipts less a processing fee
- merchant bank [Brit]
Derived forms: acquirers Type of: bank, banking company, banking concern, depository financial institution, financial institution, financial organisation [Brit], financial organization, individual, mortal, person, somebody, someone, soul Encyclopedia: Acquirer |