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acquirer |
1. |
[ noun ] (finance) the financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card |
Related terms: |
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financial_institution
get
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2. |
[ noun ] (finance) a bank gaining financial control over another financial institution through a payment in cash or an exchange of stock |
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depository_financial_institution
get
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3. |
[ noun ] a person who acquires something (usually permanently) |
Related terms: |
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person
recipient
appropriator
procurer
get
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4. |
[ noun ] (finance) a credit card processing bank; merchants receive credit for credit card receipts less a processing fee |
Synonyms: |
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merchant_bank
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Related terms: |
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depository_financial_institution
get
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