Acquisition
Meaning in contract & commercial law, with examples
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
The acquisition of the software firm closed in March.
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
Related terms
This word in other fields
The same English word can have a different meaning in another field:
More terms: Mergers & Acquisitions
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This page explains English vocabulary for learners. It is not legal advice.
