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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
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definition by Oxford Dictionaries