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acquisition

Pronunciation: [/ˌæk.wɪˈzɪʃ.ən/]

Word

Context: “business”

(noun) the act of gaining or obtaining something, especially a new asset or company. It's like when a company buys another company to grow.

Example

The company announced the acquisition of a new tech startup.

Example

The acquisition of that failing business proved to be a mistake.

Example

How does the acquisition of new assets benefit the company?

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