Link Centre Dictionary

acquirer

ac·qui·rer

US/ʌˈkwaɪɜrɜr/ uncommon

noun

1.

a person who acquires something (usually permanently)

2.

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

3.

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

4.

a credit card processing bank; merchants receive credit for credit card receipts less a processing fee

Origin

From acquire + -er.

Related words

Word family

WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). CMU Pronouncing Dictionary. WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.