acquisition
/ˌækwəˈzɪʃən/
The purchase of one company by another
acquisition in a sentence
“The acquisition expanded our market presence significantly.”
Origin of acquisition
From Latin acquisitio (accumulation), from acquirere (to seek in addition), from ad- (to) + quaerere (to seek)
Related Words
due diligence
Comprehensive appraisal before a business transaction
fiduciary duty
Legal obligation to act in another's best financial interest
insolvency
Inability to pay debts when they become due
collateral
Assets pledged as security for a loan
capital expenditure
Funds used to acquire or upgrade physical assets
overhead
Ongoing business expenses not directly tied to production