Reacquisition
/riːˌækwɪzɪˈzɪʃən/
Definitions
- (n.) The act or process of acquiring ownership of an asset or property again after having previously sold or lost it.
The company's reacquisition of its former subsidiary reversed the earlier divestment.
- (n.) In corporate law, the purchase of shares or assets to regain control or ownership from another party.
The board authorized the reacquisition of shares to consolidate control in the hands of the original founders.
Related terms
See also
Commentary
Often used interchangeably with repurchase or buyback in corporate contexts; be precise about the asset and legal consequences when drafting.
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.