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RBA Glossary definition for acquirer

acquirer – An institution that provides a merchant with facilities to accept card payments

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Domestic Financial Markets and Conditions

10 Aug 2007 SMP – August 2007
S&P downgraded the ratings of a few Australian companies in the June quarter, including the takeover target, Rinker, which was downgraded to that of its acquirer, Cemex, but overall, the
https://www.rba.gov.au/publications/smp/2007/aug/dom-fin-mkts.html