acquirer

Definitions


[əˈkwʌɪərə], (Noun)

Definitions:
- a person, or company that acquires something
(e.g: many acquisitions failed to create value for the acquirer's shareholders because too much was paid to the target's shareholders)

- a financial institution that processes credit and debit card transactions on behalf of the card issuers
(e.g: for credit card transactions, retailers pay the acquirer a percentage of the cost of your purchase)


Phrases:

Origin:




definition by Oxford Dictionaries