buy sth/sb out Meaning in the Cambridge English Dictionary

Meaning of “buy sth/sb out” in the English Dictionary

"buy sth/sb out" in Business English

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buy sth/sb out

phrasal verb with buy uk   us   /baɪ/ verb (bought, bought)
FINANCE to ​buy a ​part of a ​company or ​building from someone else so that you own all of it: The ​bank announced that it wanted to ​buy out the ​publiclyownedshares of its ​stock. The ​group had ​purchased the rest of the five-story ​building, and now they wanted to ​buy her out.
LAW to ​paymoney to ​release someone from a ​contract: He ​negotiated a ​deal to receive $175,000 to ​buy out his ​contract early. He has completed only two ​seasons of his three ​yearcontract, but it is ​assumed that the ​company will ​buy him out.
(Definition of buy sth/sb out from the Cambridge Business English Dictionary © Cambridge University Press)
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“buy sth/sb out” in Business English

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