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
Related Words for buyback
acknowledgment, deal, grant, admission, compromise, permit, privilege, indulgence, permission, confession, assent, sellout, boon, surrender, warrant, authorization, allowance, trade-off, copout, rollbackExamples from the Web for buyback
Contemporary Examples of buyback
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.