Repurchase (Noun)
Meaning
The act of purchasing back something previously sold.
Classification
Nouns denoting acts or actions.
Examples
- The repurchase of the shares is expected to increase the company's net worth by millions of dollars.
- As part of the settlement, the manufacturer agreed to the repurchase of all defective products from unsatisfied customers.
- The government announced plans to facilitate the repurchase of debt in the country, aiming to stimulate economic growth.
- The company repurchase of common stock helped to offset the decline in earnings per share.
- Because of unforeseen circumstances, the customer initiated the request for repurchase, only a few hours after sealing the deal.