Definitions

1. noun

A financial transaction in which one party acquires the assets, stock, or shares of another company or organization.

“The tech company agreed to a $10 billion buyout of its rival.”

2. noun

A payment or other form of compensation given to someone to persuade them to leave a job, especially in a union or a government position.

“The city council approved a buyout for the retiring police chief.”

3. verb

To acquire or purchase the assets, stock, or shares of a company or organization.

“The private equity firm plans to buy out the struggling retail chain.”

4. verb

To persuade someone to leave a job, especially in a union or a government position, by offering them a payment or other form of compensation.

“The company tried to buy out the union workers to avoid a strike.”