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acquisition

nounverified·updated May 9, 2026

The purpose of this function is to manage the act of contracting, assuming, or acquiring possession of something.

Framework senses

FFIEC IT Examination Handbook - Audit, April 20122 sensesview framework →
§1
Materials received by a repository as a unit; an accession.
§2 · sense_2_pending_review
The purpose of this function is to manage the act of contracting, assuming, or acquiring possession of something.
Wordset Dictionary4 sensesview framework →
§1
the act of contracting or assuming or acquiring possession of something
§2
an ability that has been acquired by training
§3
the cognitive process of acquiring skill or knowledge
§4
something acquired