public acquisition
[ˈpʌblɪk ækwɪˈzɪʃən]
nounpl: public acquisitions
aquisição pública
1. The purchase or takeover of a company by a government entity or public sector organization
The public acquisition of the telecommunications company was completed last year.
A aquisição pública da empresa de telecomunicações foi concluída no ano passado.
2. The procurement of goods or services by government agencies through official channels
Public acquisition procedures require competitive bidding and transparency.
Os procedimentos de aquisição pública exigem licitação competitiva e transparência.
3. The process of purchasing assets or property by public institutions for public use
The city initiated a public acquisition of land for the new park.
A cidade iniciou uma aquisição pública de terras para o novo parque.
In Brazil, public acquisitions are heavily regulated by law (Lei de Licitações) and require transparency and competitive bidding. This reflects broader governmental efforts to combat corruption and ensure public funds are spent efficiently. The term is primarily used in legal, governmental, and business contexts rather than everyday conversation.
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