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buying out "

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      [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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