buyback
or buy-back
[bahy-bak]
- the buying of something that one previously sold.
- any arrangement to take back something as a condition of a sale, as by a supplier who agrees to purchase its customer's goods.
- Also called stock buyback. a repurchase by a company of its own stock in the open market, as for investment purposes or for use in future corporate acquisitions.
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Origin of buyback
First recorded in 1960–65; noun use of the verb phrase buy back
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for buyback
Contemporary Examples
A buyback is a "no brainer" for Apple, Icahn told CNBC on Tuesday.
Within six weeks, Mindich has sold more than 400 and already proudly presented a $20,000 check to the Newark buyback program.
A buyback event in Miami garnered over 100 guns, breaking a local record.