mergern.1. One who, or that which, merges.()2. (Law) An absorption of one estate, or one contract, in another, or of a minor offense in a greater.()3. The combining of two groups into a unified single group under a single leadership, with voluntary participation by the leaders or management of both groups.()4. (Business, Finance) The combining of two commercial enterprises into a unified single enterprise under a single management, with voluntary participation by both parties; as, the merger of Daimler-Benz and Chrysler into Daimler-Chrysler created a powerful competitor in the automobile manufacturing industry. Compare acquisition and takeover.()