buyback

or buy-back

[bahy-bak]

noun

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.

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. 2019


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