acquisition date

Definition

The date on which a purchase commits to buying an asset and effectively takes control of the asset from the seller.

Use acquisition date in a sentence

I did not know what the acquisition date was and thought that everyone had a different idea on when we got it.

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You should try to make sure that you will be able to have enough money to close the deal by the acquisition date.

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The acquisition date occurred last month so the payments had already been received by the seller who confirmed the receipt.

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acquisition cost acquisition of stock