Acquiring definition

Acquiring means the capture and onward transmission of Card Network transactions in order to effect payment between Card Network cardholders and Merchants, including authorizing transactions, providing for clearing and settlement, facilitating the crediting of merchants’ accounts with the proceeds of such transactions, and chargeback and retrieval processing in connection with the foregoing. Acquiring also includes providing all or some of the foregoing services as an agent or licensee for other card programs.
Acquiring means hiring, accepting as a gift and borrowing; “ammunition” means—

Examples of Acquiring in a sentence

  • At the time of the applicable Takeover or Merger Transaction, the burden is on the Acquiring Company to establish that the SA in the Second Country is exercising jurisdiction over the transaction and that the Comparable Treatment of Shareholders standard will be satisfied.

  • Acquiring parks, playgrounds, or other recreational areas or facilities.

  • Secondary fund investing- Acquiring existing interests in private equity funds.

  • Target and Acquiring have elected to be taxed as RIC’s under section 851 and, for all of their taxable periods (including the last short taxable period ending on the date of the Transaction, for Target), have qualified for the special tax treatment afforded RIC’s under the Code.

  • Each Target shareholder will be entitled to receive a proportionate number of Acquiring Class A shares equal to the aggregate net asset value of the Target shares owned by such shareholder on the exchange date.

More Definitions of Acquiring

Acquiring used as verbs shall have correlative meanings.
Acquiring means hiring, accepting as a gift and borrowing and the expressionsacquire” and “acquisition” shall be construed accordingly;”
Acquiring and “Acquired” have meanings correlative thereto.
Acquiring beneficial ownership" (as such term is used in Rule 13d-3 under the Act), directly or indirectly, of securities of the Bank representing fifty percent (50%) or more of the combined voting power of the Bank's then outstanding voting securities (the "Voting Power"), but excluding for this purpose an acquisition by the Bank or an "affiliate" (as defined in Rule 12b-2 under the Act) or by an employee benefit plan of the Bank or of an affiliate.
Acquiring means a payment service of enabling the making of payment transactions by means of a Customer’s payment instrument, originated through the agency of an Intermediary Institution, consisting in particular in the handling of the authorization process, transmission of payment orders to the Intermediary Institution and the topping up of the Customer’s electronic wallet.
Acquiring means the process of authorization of transactions by Card Issuers and Card Organizations or by iPay as Issuer of e-money, made with e-money and/or payment cards with the logo of MasterCard, VISA or JCB via iPOS or myPOS and the payment gateway between Aquirer and the Card Organizations and the settlement of due sums from iPay to Client;