Definition of buyout
1 : an act or instance of buying out
2 : a financial incentive offered to an employee in exchange for an early retirement or voluntary resignation
Recent Examples of buyout from the Web
The university cut the ski team, which had close to a 4.0 GPA and won an NCAA title in 2004, to save $600,000 just days after triggering the $1 million buyout for Neal – only to be reinstated less than a month later by the school president.
Trump has proposed reducing it by more than 31 percent - largely over Pruitt's objections - and employees received an email Thursday informing them of upcoming buyouts.
The exchange was designed to ease Intelsat’s struggle with more than $15 billion of borrowings that piled up as the company endured two leveraged buyouts.
As news spread on Wednesday that The Times had offered buyouts targeted at editors, some readers fretted that coverage would suffer.
Local news East Kent State University to offer faculty buyouts (cleveland.com)
The extension also includes a buyout, as Zenger can be fired without cause for a maximum of two years’ salary — an amount at this time that would equal $1.4 million.
In April, 1,000 machinists who accepted a company buyout offer left the workforce.
Per CNN: Some ad critics suggested that GM’s robot ad was insensitive and a bad idea for a company that offered buyouts and retirement packages to get about 35,000 factory workers to leave the company in the last year in an effort to stem losses.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'buyout'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of buyout
BUYOUT Defined for English Language Learners
Definition of buyout for English Language Learners
: the act of gaining control of a company by buying the parts of it you do not own
Legal Definition of buyout
: an act or instance of buying out
Seen and Heard
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