Definition: The act or process of acquiring.
Alright class, settle down, let’s take a look! You’ve got the dictionary definition – “the act or process of acquiring” – and that’s a good start, it’s true. But what does that really mean? “Acquisitions,” you see, is a word with a special key. It describes when one thing takes another, you know? Think about it like this: a business might do acquisitions – they buy up another company! Like a hungry lion seeking a tasty prey, acquiring means taking possession. It can also apply to things other than businesses. A museum might acquire a painting, adding it to their collection with glee. Or a collector might acquire stamps, for all the world to see! So, in short, acquisitions is simply gaining something – buying it, collecting it, or taking it possession. Do you have any questions about that? Let’s break it down further if needed.