The term 'ACQUIRED DESERVEDLY' can be broken down into two words: 'ACQUIRED' and 'Deservedly'. 'ACQUIRED' means to gain or obtain something, while 'Deservedly' means to have earned something. Therefore, the phrase 'ACQUIRED DESERVEDLY' implies that something has been gained or obtained through hard work and effort. This could refer to a job promotion, a degree, or any other achievement that was earned through dedication and perseverance.