Contract & Commercial Law vocabulary · Mergers & Acquisitions

Acquisition

Meaning in contract & commercial law, with examples

/ˌækwɪˈzɪʃn/nounCore term

In contract & commercial law, acquisition means: The purchase of a company, part of a company or a business, usually by buying its shares or its assets.

In Turkish: devralma, satın alma, şirket alımı

How it is used

Lawyers distinguish a share acquisition (buying the company itself, with all its history and liabilities) from an asset acquisition (buying selected assets). The verb is 'acquire'; the buyer is the 'acquirer' and the company being bought is the 'target'.

Example sentences

  1. The acquisition of the software firm closed in March.

  2. We are advising a Turkish group on its acquisition of a German supplier.

Common collocations

  • make an acquisition
  • share acquisition
  • asset acquisition
  • acquisition target
  • complete an acquisition

This word in other fields

The same English word can have a different meaning in another field:

More terms: Mergers & Acquisitions

Practise with graded reading

Reading at the right level is the fastest way to make new words stick. Pick free English books by level:

This page explains English vocabulary for learners. It is not legal advice.