What is the meaning of acquirer?

noun

  • A person who acquires something (usually permanently. )
  • A corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock.
  • The financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card.
  • A credit card processing bank; merchants receive credit for credit card receipts less a processing fee.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). acquirer. Retrieved September 20, 2026, from http://smartdefine.org/acquirer/definitions/1223827
ChicagoWordNet. 2010. "acquirer" http://smartdefine.org/acquirer/definitions/1223827 (accessed September 20, 2026).
HarvardWordNet 2010, acquirer, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/acquirer/definitions/1223827>.
MLAWordNet. "acquirer" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/acquirer/definitions/1223827>
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