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buy out "

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    • \ ˈbī-ˌau̇t \

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    [Noun]  | "buy*out" | \ ˈbī-ˌau̇t \


    1: an act or instance of buying out

    2: a financial incentive offered to an employee in exchange for an early retirement or voluntary resignation


    Origin: 1907 ;

    [Noun]  | "leveraged buyout" 


    1: a business arrangement in which someone buys a company by borrowing money based on the value of the company that is being bought

    [Verb]  | "buy out" 


    1: to purchase the share or interest of

    2: to purchase the entire stock-in-trade and the goodwill of (a business)


    Origin: 1598 ;

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     [ "Buy-Out" ]

    1: Typically done to celebrate a beloved person's departure. Used by soon-to-be-departed co-workers or friends to describe a party where the departing person(s) prepay a tab at any bar/club and allow friends/co-workers the opportunity to drink as much alcohol as possible until the tab runs out.

      * e.g.,  ... So what is a buyout? 

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