Acquisition: meaning, definitions and examples

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acquisition

 

[ˌækwɪˈzɪʃən ]

Definitions

Context #1 | Noun

business

The act of acquiring something, especially a company or a substantial amount of something.

Synonyms

procurement, purchase, takeover.

Which Synonym Should You Choose?

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Word Description / Examples
acquisition

This term is often used in a business or legal context to denote the act of obtaining control of a company, asset, or skill. It's formal and can refer to both objects and abstract concepts.

  • The company's latest acquisition of a tech startup will help enhance its digital capabilities.
  • The acquisition of new skills ensured his career progression.
purchase

A common and general term used to describe the act of buying something. It can be used in everyday conversations as well as in business transactions.

  • She made a purchase at the grocery store.
  • Their latest purchase includes some new office furniture.
takeover

Used specifically in a business or financial context, a takeover refers to the act of gaining control of another company. It often has a slightly negative connotation, indicating an aggressive or unwanted acquisition.

  • The hostile takeover of the company caused a lot of unrest among its employees.
  • They plan a friendly takeover by offering a fair price for the shares.
procurement

Primarily used in formal or business settings, procurement refers specifically to the process of obtaining goods or services, often for business or government use. It involves the steps taken to acquire these goods or services efficiently and legally.

  • The procurement of medical supplies during the pandemic was a critical task.
  • The procurement department is responsible for sourcing the raw materials for the factory.

Examples of usage

  • The acquisition of the rival company will strengthen our market position.
  • The acquisition of new technology will help us stay ahead of the competition.
Context #2 | Noun

legal

The process of obtaining something, typically through a legal or official process.

Synonyms

acquiring, gaining, obtaining.

Which Synonym Should You Choose?

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Word Description / Examples
acquisition

Typically used in business or formal settings to describe the act of obtaining control of something like a company or asset through purchase or other means.

  • The company's recent acquisition of a smaller competitor has increased its market share
obtaining

Used in general contexts to describe getting something, particularly when it involves some effort or formal process.

  • She had trouble obtaining a visa to travel abroad
acquiring

Can be used in various situations to indicate the process of obtaining something, often with an emphasis on the effort involved.

  • She is acquiring new skills to improve her career prospects
gaining

Often used to describe obtaining something that builds up over time, such as knowledge, experience, or weight. It can also indicate earning respect or trust.

  • He is gaining valuable experience through his internship

Examples of usage

  • The acquisition of land for the new highway project has been completed.
  • The acquisition of a permit is necessary before starting construction.
Context #3 | Noun

finance

The purchase of one business entity by another, often through buying a majority of its shares.

Synonyms

buyout, merger, takeover.

Which Synonym Should You Choose?

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Word Description / Examples
acquisition

Use 'acquisition' when a company obtains another company or asset through purchase or other means. It's often used in business and legal contexts.

  • The company's acquisition of its competitor helped to increase its market share.
  • The acquisition of new technology has significantly improved our production process.
merger

Use 'merger' when two companies combine to form a new entity. This term indicates a more collaborative or mutual agreement between the companies involved.

  • The merger between the two tech companies created a new industry powerhouse.
  • Shareholders approved the merger, believing it would bring long-term benefits.
takeover

Use 'takeover' when one company gains control of another, often without the consent of the target company's management. The term usually has a more aggressive connotation.

  • The hostile takeover bid surprised everyone in the industry.
  • After the takeover, the new management made several strategic changes.
buyout

Use 'buyout' when one company, individual, or entity purchases a controlling interest in another company or asset, often implying the buyer now has control over the business.

  • The executive team agreed to a buyout, allowing them to manage the company independently.
  • After the buyout of the startup, the new owners implemented significant changes.

Examples of usage

  • The acquisition of the tech startup by the larger corporation was a strategic move.
  • The acquisition of the bank by a foreign investor raised concerns about control.

Interesting Facts

Etymology

  • This term comes from the Latin word 'acquisitio,' meaning 'a gaining or acquiring'.
  • It evolved from the Old French 'acquis,' which referred to something obtained.
  • The word has been used in English since the late 14th century, initially in the context of gaining knowledge.

Business and Economics

  • A key strategy for growth, acquisitions often involve one company buying another to expand market reach.
  • Companies like Facebook and Google have made headlines by acquiring smaller tech firms to innovate and stay competitive.
  • In finance, acquisitions can also be financially beneficial, allowing for increased revenue efficiencies.

Psychology

  • Acquisition is a central concept in learning, relating to how new information or skills are obtained.
  • Behavioral psychologists use the term to describe how behaviors are learned by interacting with the environment.
  • Research in cognitive psychology studies how people acquire language and knowledge throughout their lives.

Pop Culture

  • The term is often used in the context of corporate takeovers, which are common themes in movies and TV shows.
  • In popular novels, characters often drive dramatic plots through their struggles over acquisitions, be it wealth or power.
  • Many gamers encounter acquisition systems in video games, where players collect items or upgrade resources.

Education

  • Acquisition of language is fundamental in early childhood education, as it influences communication skills.
  • In academic settings, educators focus on acquisition strategies to help students master new subjects.
  • Research shows that engaged learning leads to better acquisition of skills as children interact with their peers and environment.

Translations

Translations of the word "acquisition" in other languages:

🇵🇹 aquisição

🇮🇳 अधिग्रहण

🇩🇪 Erwerb

🇮🇩 akuisisi

🇺🇦 придбання

🇵🇱 nabycie

🇯🇵 取得

🇫🇷 acquisition

🇪🇸 adquisición

🇹🇷 edinim

🇰🇷 획득

🇸🇦 استحواذ

🇨🇿 nabytí

🇸🇰 nadobudnutie

🇨🇳 收购

🇸🇮 pridobitev

🇮🇸 öflun

🇰🇿 сатып алу

🇬🇪 შეძენა

🇦🇿 satın alma

🇲🇽 adquisición

Word Frequency Rank

At position #2,581, this word belongs to solid intermediate vocabulary. It's frequently used in both casual and formal contexts and is worth learning for better fluency.