Buyback (Noun)
Meaning
The act of purchasing back something previously sold.
Classification
Nouns denoting acts or actions.
Examples
- The company initiated a buyback of its shares to reduce the number of outstanding stocks and increase shareholder value.
- The artist negotiated a buyback clause in her contract, allowing her to repurchase her paintings at a later date.
- The store offered a buyback program for used electronics, giving customers a chance to sell their old devices.
- The record label agreed to a buyback deal with the artist, allowing her to regain control of her master recordings.
- The publisher offered a buyback option to authors who wanted to regain the rights to their books.