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buyback

or buy-back

[bahy-bak] /ˈbaɪˌbæk/
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.
Origin of buyback
1960-1965
1960-65; noun use of the verb phrase buy back
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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