Acquiring account definition

Acquiring account means the account of a party in an allowance transfer that obtains NOx allowances through whatever means, including but not limited to purchase, trade, auction, or gift. An acquiring account may be a compliance account, an overdraft account, or a general account.
Acquiring account means the party in an allowance transfer who obtains allowances through purchase, trade, auction or gift.
Acquiring account. A concentration of debits and credits under the authority of the contractual agreement to acquire transactions executed with a payment card; in this regard, “payment card”—as defined in the Order.

More Definitions of Acquiring account

Acquiring account means the account in an allowance transfer to which allowances are conveyed.