Crossword Genius

Purchased account by many papers - 500? (8)

Ross

I believe the answer is:

acquired

I'm a little stuck... Click here to teach me more about this clue!

'purchased' is the definition.
The definition and answer can be both to do with ownership as well as being past participle verbs.
Maybe they are linked in a way I don't understand?

'account by many papers 500?' is the wordplay.
'account' becomes 'ac' (abbreviation for account).
'by' is a charade indicator (letters next to each other).
'many papers' becomes 'quire' (I've seen this in other clues. I am not sure about the 'many' bit.).
'e00?' becomes 'D' (Roman numeral for e00).
'ac'+'quire'+'d'='ACQUIRED'

Can you help me to learn more?

(Other definitions for acquired that I've seen before include "Obtained or procured" , "Came into possession of" , "'Got, gained (8)'" , "Got hold of" , "Bought" .)

I've seen this clue in The Independent.
Want a hint initially instead of a full solution? Install my app