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acquiring financial institution. In DICTIOUS you will not only get to know all the dictionary meanings for the word
acquiring financial institution, but we will also tell you about its etymology, its characteristics and you will know how to say
acquiring financial institution in singular and plural. Everything you need to know about the word
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English
Noun
acquiring financial institution (plural acquiring financial institutions)
- (finance) An institution that contracts with the bank and the merchant to enable credit card transactions. The acquirer deposits the credit card totals and debits the end-of-month processing fees from the merchants' accounts.
Synonyms