ACQUIRER

acquirer

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

acquirer

(noun) a corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock

acquirer

(noun) a person who acquires something (usually permanently)

Source: WordNet® 3.1


Etymology

Noun

acquirer (plural acquirers)

One who acquires.

A bank or financial institution that processes credit card or debit card payments on behalf of a merchant.

Source: Wiktionary


Ac*quir"er, n.

Definition: A person who acquires.

Source: Webster’s Unabridged Dictionary 1913 Edition



RESET




Word of the Day

17 April 2025

SPONGE

(noun) a porous mass of interlacing fibers that forms the internal skeleton of various marine animals and usable to absorb water or any porous rubber or cellulose product similarly used


coffee icon

Coffee Trivia

Some 16th-century Italian clergymen tried to ban coffee because they believed it to be “satanic.” However, Pope Clement VII loved coffee so much that he lifted the ban and had coffee baptized in 1600.

coffee icon