Meaning & Definition of word "Acquisition"

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.