acquisition
/ˌækwɪˈzɪʃən/ nounDefinition
› [C] FINANCE something that is bought by a company, such as another company, a building, or a piece of land: complete/make an acquisition Management intend to use the cash to make acquisitions.finance/fund an acquisition The company will fund the acquisition from its existing cash resources.big/large/major acquisitions If the company doesn't make any big acquisitions this year, it will hand back cash to shareholders. a potential/proposed/recent acquisition Investment banks were changing rapidly into financial supermarkets whose business increasingly revolved around mergers and acquisitions. → Compare merger
› [U] FINANCE the act of buying something such as a company, a building, or a piece of land: acquisition of sth There were many additional costs related to the company's acquisition of Walker Software. land acquisition A spokesman confirmed that the company was in acquisition talks.
› [U] the process of getting something: acquisition of sth System changes will lead to the modification of the project and the acquisition of new resources and skills. Hong Kong manufacturers are meeting the challenge through effective procurement and technology acquisition. → Compare acquire
→ See also bootstrap acquisition, bust-up takeover, customer acquisition(Definition of acquisition noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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