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English definition of “buy out someone”

buy out someone

verb [T] phrasal verb with buy  /bɑɪ/ (past tense and past participle bought  /bɔt/) us  
to give someone money so that you own the part of a business that previously belonged to that person: She bought out her partner and now she owns the whole company.
(Definition of buy out someone from the Cambridge Academic Content Dictionary © Cambridge University Press)
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