/ˌækwɪˈzɪʃən/ – Verb/Noun
Definition: 1. có được, đạt được, kiếm được (quyền, tài sản);
2. chiếm đoạt, chiếm hữu, thôn tính.
A more thorough explanation: the act of gaining possession of something; the purchase (=buying) of an asset; the purchase of one company by another company
Example: The company anNounced the acquisition of a smaller competitor in the industry.