Acquired
/əˈkwaɪɚd/
Definitions
- (adj.) Obtained or received possession, control, or ownership, often through legal means.
The acquired rights must be respected under the contract.
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Commentary
Used primarily as the past participle of 'acquire,' often functioning adjectivally to describe rights or property that have come into legal possession.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.