acquiring financial institution
acquiring financial institution noun: 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.
Noun
acquiring financial institution (plural acquiring financial institutions)
- 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 of acquiring financial institution
Forms of acquiring financial institution
| plural | acquiring financial institutions |
|---|
Questions about acquiring financial institution
- What does acquiring financial institution mean?
- Acquiring financial institution means 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.
- What part of speech is acquiring financial institution?
- Acquiring financial institution is a noun.
- What is the plural of acquiring financial institution?
- The plural of acquiring financial institution is acquiring financial institutions.
Words near acquiring financial institution in the dictionary
Source and license
Adapted from Wiktionary: acquiring financial institution (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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