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financial institution vs acquirer

acquirer vs financial institution

financial institution and acquirer both are nouns.

Word NounAdjectiveVerbAdverb
financial institution Yes No No No
acquirer Yes No No No
As nouns, acquirer is a hyponym of financial institution; that is, acquirer is a word with a more specific, narrower meaning than financial institution:
  • financial institution: an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets
  • acquirer: the financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card
financial institution (noun) acquirer (noun)
an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets 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 financial institution and acquirer

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