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banking company vs acquirer

acquirer vs banking company

banking company and acquirer both are nouns.

Word NounAdjectiveVerbAdverb
banking company Yes No No No
acquirer Yes No No No
As nouns, acquirer is a hyponym of banking company; that is, acquirer is a word with a more specific, narrower meaning than banking company:
  • banking company: a financial institution that accepts deposits and channels the money into lending activities
  • acquirer: a credit card processing bank; merchants receive credit for credit card receipts less a processing fee
banking company (noun) acquirer (noun)
a financial institution that accepts deposits and channels the money into lending activities a corporation gaining financial control over another corporation or financial institution through a payment in cash or an exchange of stock
the financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card
a credit card processing bank; merchants receive credit for credit card receipts less a processing fee
a person who acquires something (usually permanently)
Difference between banking company and acquirer

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