ACQUIRERS - Definition & Meaning for Kids

Meaning 1

Part of speech: Noun

a credit card processing bank

Example: merchants receive credit for credit card receipts less a processing fee

Meaning 2

Part of speech: Noun

the financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card

Meaning 3

Part of speech: Noun

a corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock

Meaning 4

Part of speech: Noun

a person who acquires something (usually permanently)