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depository financial institution vs acquirer

acquirer vs depository financial institution

depository financial institution and acquirer both are nouns.

Word NounAdjectiveVerbAdverb
depository financial institution Yes No No No
acquirer Yes No No No
As nouns, acquirer is a hyponym of depository financial institution; that is, acquirer is a word with a more specific, narrower meaning than depository financial institution:
  • depository financial institution: 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
depository financial institution (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 depository financial institution and acquirer

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