Word: Acquisition Agreement
Definition: An acquisition agreement is a legal contract that outlines the terms and conditions under which one company buys another company. It includes details like the price, what is being bought (such as assets, shares, or both), and other important information related to the purchase.
Usage Instructions: You can use "acquisition agreement" when discussing business deals, mergers, or purchases of companies. This term is often used in legal and financial contexts.
Example: "The two companies signed an acquisition agreement, allowing Company A to buy Company B for $10 million."
In advanced discussions, you might talk about the specifics of the acquisition agreement, such as "due diligence" (the process of investigating a company before buying it) or "representations and warranties" (assurances given by the seller about the company being sold).
While there are no direct idioms or phrasal verbs that specifically relate to "acquisition agreement," you might encounter phrases like: - "Cross the T's and dot the I's": This means to pay attention to the details, which is crucial when finalizing an acquisition agreement. - "Seal the deal": To finalize an agreement or contract, often used when a business deal is completed.