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buyout
[ bahy-out ]
noun
- an act or instance of buying out, especially of buying all or a controlling percentage of the shares in a company.
Word History and Origins
Origin of buyout1
Example Sentences
An additional 85 professional court staff members — including 19 judges, interpreters, legal assistants and IT specialists took buyouts after receiving a “Fork in the Road” email that offered federal workers “deferred resignations.”
Most recently, the housing authority has offered buyouts for the Reclaimers to leave voluntarily.
But the order comes after President Trump slashed about 1,000 National Park Service workers this year, with many hundreds more taking buyouts.
They’ve offered all employees buyouts with a year’s pay, backed by the threat of layoffs if they don’t accept.
This has been done directly through buyouts, retirements and terminations.
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