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Accretion also abounds as another mode of acquiring a territory under the traditional international law. Notably, accretion involves the effect of natural forces such as volcanism. For instance, in cases where natural activities such as volcanism takes place and volcanic islands emerge in a stateâs territorial waters, it would have the right to acquire territory.
DEFINITION of 'Cost Of Acquisition'. A business sales term referring to the expense required to attain a customer or a sale. In setting a marketing and sales strategy, a company must decide what the maximum cost of acquisition will be, which effectively determines the highest amount the company is willing to spend to attain each customer. Next Up.