Acquisition cost. Refers to the price (including the closing costs) to purchase another company or property. In the context of investments, refers to price plus brokerage commissions, of a security, or the sales charge applied to load funds.
The pressure imbalance that produces lift creates a problem at the wing tips. The higher-pressure air below a wing spills up over the wing tip into the area of lower-pressure air above. The wingâs forward motion spins this upward spill of air into a long spiral, like a small tornado, that trails off the wing tip. These wing tip vortices create a form of pressure drag called vortex drag. Vortices reduce the air pressure along the entire rear edge of the wing, which increases the pressure drag on the airplane. The energy required to produce a vortex comes at the expense of the forward motion of the airplane. Tilting the airplaneâs wings upward makes the vortices stronger and increases vortex drag. Vortices are especially strong during takeoff and landing, when an airplane is flying slowly with its wings tilted upward.
A wing tip (or wingtip) is the part of the wing that is most distant from the fuselage of a fixed-wing aircraft. Winglets have become popular additions to high speed aircraft to increase fuel efficiency by reducing drag from wingtip vortices.