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TeachMeFinance.com - explain Acquired lands Acquired lands The term 'Acquired lands ' as it applies to the area of agriculture can be defined as ' Lands in federal ownership that were obtained by the federal government through purchase, condemnation, gift, or exchange. One category of public lands'. Previous 5 Terms: acolouthic acoustics ACP ACPA ACPY Next 5 Terms: Acquisition (foreign crude oil) Acquisition (minerals) Acquisition costs, mineral rights ACR ACR About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.