buy back

buyback

[bahy-bak]
noun
1.
the buying of something that one previously sold.
2.
any arrangement to take back something as a condition of a sale, as by a supplier who agrees to purchase its customer's goods.
3.
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.
Also, buy-back.


Origin:
1960–65; noun use of the verb phrase buy back

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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WordNet
buy back

verb
buy what had previously been sold, lost, or given away; "He bought back the house that his father sold years ago" 
buyback

noun
the act of purchasing back something previously sold [syn: redemption
WordNet® 3.0, © 2006 by Princeton University.
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