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Acquirer
01
(business) a corporation that obtains financial control or ownership of another company through cash payment or an exchange of shares
Specialized
Grammatical Information
Examples
The tech giant became an acquirer of several smaller startups.
02
(banking) the financial institution that operates an ATM, dispenses cash, and collects a fee from the cardholder's bank
Specialized
Examples
The acquirer processed the ATM transaction and charged a small fee.
03
(banking) a financial institution that processes card payments for merchants and credits their accounts after deducting processing fees
Specialized
Examples
The small business owner chose a reliable acquirer for handling credit card transactions.
04
a person who obtains and becomes the owner of something, usually permanently
Examples
He was a frequent acquirer of rare books and manuscripts.
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