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    acquirer

    acquirer - Dictionary definition and meaning for word acquirer

    Definition
    (noun) a person who acquires something (usually permanently) Definition
    (noun) a corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock Definition
    (noun) the financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card Definition
    (noun) a credit card processing bank; merchants receive credit for credit card receipts less a processing fee
    Synonyms : merchant bank
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