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Definition of '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
       Synonyms: merchant bank


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