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Acquirer   /əkwˈaɪərər/   Listen
Acquirer

noun
1.
A person who acquires something (usually permanently).
2.
A corporation gaining financial control over another corporation or 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.  Synonym: merchant bank.





WordNet 3.0 © 2010 Princeton University


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Words linked to "Acquirer" :   banking company, recipient, appropriator, financial institution, individual, someone, somebody, merchant bank, mortal, banking concern, procurer, depository financial institution, receiver, financial organisation, acquire, securer, person, financial organization, soul, bank


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