buyback

[bahy-bak]

buy·back

[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. 2012.
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Buyback is always a great word to know.
So is flibbertigibbet. Does it mean:
a chattering or flighty, light-headed person.
a printed punctuation mark (‽), available only in some typefaces, designed to combine the question mark (?) and the exclamation point (!), indicating a mixture of query and interjection, as after a rhetorical question.
WordNet
buyback

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