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Definition buy out in British English

buy out phrasal verb

[transitive] phrasal verb
1

to pay money to your business partner so that you can control all of a business you previously owned together

Example

The other directors have offered to buy me out.

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2

to pay money so that someone can leave an organization, especially the armed forces, before the time that they had originally agreed

Example

He bought himself out of the army.

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3

to pay a person or organization the rest of an amount of money that has been promised in a contract so that someone can leave or be forced to leave their job early

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Definition buy out in British English