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Buyout

noun

Definitions

Noun
  1. 1
    The acquisition of a controlling interest in a business or corporation by outright purchase or by purchase of a majority of issued shares of stock.

    "The Central Intelligence Agency on Tuesday became the first major national security agency to offer so-called buyouts to its entire workforce, a CIA spokesperson and two other sources familiar with the offer said, part of President Donald Trump’s broad effort to shrink the federal government and shape it to his agenda."

  2. 2
    acquisition of a company by purchasing a controlling percentage of its stock wordnet
  3. 3
    The use of grant monies to pay for another person to perform the usual duties, especially teaching duties, of someone engaged on the funded project.

Etymology

Deverbal from buy out.

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