Associations to the word «Acquirer»

Wiktionary

ACQUIRER, noun. One who acquires.
ACQUIRER, noun. A bank or financial institution that processes credit card or debit card payments on behalf of a merchant.

Dictionary definition

ACQUIRER, noun. A person who acquires something (usually permanently).
ACQUIRER, noun. A corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock.
ACQUIRER, noun. The financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card.
ACQUIRER, noun. A credit card processing bank; merchants receive credit for credit card receipts less a processing fee.

Wise words

Words are always getting conventionalized to some secondary meaning. It is one of the works of poetry to take the truants in custody and bring them back to their right senses.
William Butler Yeats