Acid phosphatase V of Aspergillus nidulans was purified by ammonium sulfate precipitation, gel filtration, and ion-exchange chromatography. The enzyme demonstrated a charge microheterogeneity on starch and acrylamide gel electrophoresis, but proved to be homogeneous on ultracentrifugation and gel filtration. Phosphatase V was found to be a classic acid orthophosphoric monoester phosphohydrolase, and it cleaved p-nitrophenylphosphate, glucose-6phosphate, and uridine-5'-monophosphate at maximal rates. It was inhibited by fluoride, borate, and molybdate ions, and demonstrated end-product inhibition by inorganic phosphate. Metallic ions or cofactors were not required for activity. The molecular weight was estimated to be 100,000, the S20,w was calculated to be 4.1, and the pH optimum was found to be 6.1. Acid phosphomonoesterases (EC 3.1.3.2) are generally found in multiple molecular forms (37), and their physicochemical properties show wide variation. Within any one organism, the pH optima of the different forms may differ by several pH units (30), and the molecular weights may vary more than sixfold (6). The functional and structural relations of the various forms are often obscure and can be elucidated only by comparing the purified isozymes.