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Definition of ACQUIRER
Pronunciation : ACQUIRER

noun : ACQUIRER

Source:WordNet 3.1

  • 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 ;


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