Reacquisition

Reacquisition refers to the act of regaining possession of something previously owned, lost, or taken away. This can apply to physical objects, intellectual property, rights, or even abstract concepts like skills or knowledge. The process often involves effort, negotiation, or legal action. Successful reacquisition signifies a return to a prior state of control or ownership, implying a preceding loss and a subsequent recovery. It emphasizes the active process of reclaiming or getting back what was once held. The nature of the 'something' can significantly influence the complexity and methods involved in reacquisition.

Reacquisition meaning with examples

• After a lengthy legal battle, the company celebrated the reacquisition of their patents, crucial for their core technology. This ensured they could continue developing and profiting from their inventions. The lengthy period of having to navigate their production with other products had hurt their sales.
• Following years of neglect, the artist's family initiated the reacquisition of his lost paintings from various collectors, aiming to create a retrospective. The painstaking search was a costly endeavour.
• The government’s plan for the reacquisition of vast stretches of agricultural land was met with mixed reactions, promising opportunities for land development. The landowners would receive compensation as a part of the plan.
• Despite losing its market share, the company’s efforts to invest and relaunch new products have facilitated the reacquisition of many of its customers. Many customers felt comfortable returning to the company.
• Through diligent training, the athlete accomplished the reacquisition of his skills following a severe injury, allowing him to return to competition. The athlete had to find a balance between pressure and practice.