Definition of Acquisition

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Debt Consolidation Loan Glossary and Related Financial Terminology:


Related Consumer Finance Programs - The following lists of companies and financial service providers offer services to assist you with handling your debts. Combine debt with a consolidation loan or use a credit counseling or debt relief program for help with lowering your payments and getting your credit card bills and other obligations under control.

  • Debt Consolidation Service - Learn more on how consolidating your credit card debts can work for you and potential pitfalls that you need to avoid. Also, review a list services that offer to help people lower their bills into fewer payments or even one payment.
  • Personal Loan Companies - Looking for a personal loan to consolidate your credit cards? These loans are usually unsecured, meaning you are not required to provide collateral. Approval is often based upon factors as your income, credit and job history.

Acquisition definition

Define Acquisition: The process of obtaining something. Acquisition can be thought of (in the most simple terms) on a personal level as simply buying or obtaining something. For example, a trip to the local grocery store can be thought of as food acquisition.


In the financial world, an acquisition usually refers to the purchase of one company by a larger company. Many companies have entire departments specializing in the acquisition of valuable smaller companies. Thus, a small home mortgage company might be acquired by a much larger mortgage company resulting in the legal transfer of many mortgage loans from the original issuer to a new mortgage holder (or lender). Or, your local bank might be acquired by a national bank seeking rapidly to establish a local market presence.



Personal Finance Definitions
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