Meaning & Definition of word "Acquisition"
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Acquisition
/ˌakwəˈzɪʃən/
noun:
- 1. The act of gaining possession, attainment, or purchase of something.
- Example: The company made a significant acquisition of a smaller startup to expand its market reach.
- 2. An asset or object bought or obtained, typically by a library or museum.
- Example: The museum's latest acquisition is a rare sculpture from the 17th century.
- 3. The process of learning or developing a skill, especially a language.
- Example: Language acquisition can be enhanced through immersion and practice.
- 4. The act of obtaining or acquiring something, often used in a business context.
- Example: The acquisition of new technology can lead to increased efficiency.
- 5. The action of acquiring or gaining something.
- Example: Her acquisition of knowledge in the field of biology was impressive.
Etymology
Late Middle English: from Latin 'acquisitio(n-)', from 'acquirere' meaning 'to gain, to acquire'.
Common Phrases and Expressions
strategic acquisition:
A purchase made by a company to enhance its business strategy.
acquisition strategy:
A plan for the purchase of another company or asset.
acquisition cost:
The total cost related to acquiring an asset or a business.
Related Words
acquire:
To gain possession of something.
assets:
Resources owned by a company.
merger:
A combination of two companies into a single entity.
Slang Meanings of acquisition
Meaning: Get something new
Example Sentence: I just got an awesome new tech acquisition!
Meaning: Snag a good deal
Example Sentence: That was a sweet acquisition at the clearance sale.