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buyback
[ bahy-bak ]
noun
- the buying of something that one previously sold.
- any arrangement to take back something as a condition of a sale, as by a supplier who agrees to purchase its customer's goods.
- Also called stock buyback. a repurchase by a company of its own stock in the open market, as for investment purposes or for use in future corporate acquisitions.
Word History and Origins
Origin of buyback1
Example Sentences
“Many corporations have prioritized profit margins, stock buybacks and executive compensation over raising worker pay.”
The issue: Many gun control advocates support not only a ban on selling new assault weapons, but also a buyback program to remove from circulation millions that have already been sold.
The Democrat has also proposed enacting a billionaire minimum tax and quadrupling the tax on stock buybacks — something corporations did a lot of with their windfalls from the 2017 tax cuts.
Last week's ABC News debate moderator noted that Harris no longer supported a "buyback" programme that would force gun owners to hand over their AR-15s and other assault-style weapons to the government.
The Democratic presidential nominee supports universal background checks, so-called "red flag" laws and a ban on assault weapons, but critics are honing in on her past support for a mandatory buyback of semi-automatic rifles.
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