Acquisition refers to the process of obtaining or gaining possession of something. This can involve purchasing a company, acquiring new skills, or even collecting items like books or art. In business, for example, a larger company might acquire a smaller one to expand its market reach or enhance its product offerings. In everyday life, acquisition can also mean learning new information or skills. For instance, when someone takes a class to acquire knowledge about computer programming, they are actively seeking to improve their abilities. Overall, acquisition is about gaining something valuable, whether it's a tangible asset or knowledge.