Definitions

1. noun

the act of buying something back, especially stocks or bonds, from the public

“The company implemented a buyback program to boost its stock price.”

2. noun

a purchase of a product or service from a customer, often to replace a faulty item or to provide an upgrade

“The store offered a buyback for customers who purchased the faulty smartphone.”

3. verb

to buy something back, especially stocks or bonds, from the public

“The company will buyback some of its outstanding shares to reduce its debt.”

4. verb

to purchase a product or service from a customer, often to replace a faulty item or to provide an upgrade

“The store will buyback the faulty smartphone and provide a replacement.”