Acquisition
/əˌkwɪzɪˈʃən/
Definitions
- (n.) The act of gaining possession or control of property, assets, or rights, often by purchase or merger.
The company's acquisition of the startup expanded its market reach.
- (n.) The obtaining of knowledge or skills.
The acquisition of language skills is critical in early childhood.
Forms
- acquisitions
Related terms
See also
Commentary
In legal contexts, clearly distinguish acquisition of assets from acquisition of control to avoid ambiguity.
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.