单词 | buyout |
释义 | buyoutn. 1. Chiefly North American. An act or instance of buying out (see to buy out at buy v. Phrasal verbs 1); esp. an act of paying a person to relinquish their ownership of or interest in a property, enterprise, etc.The exact sense of quot. 1880 is unclear.More specific and established uses are dealt with at senses 2 and 3. Π 1880 Milwaukee Daily Sentinel 28 Sept. 4/3 It is said the Democratic plans for carrying Ohio are during the last ten days to pursue a cross between a still hunt and a buy-out. 1939 Wichita Eagle 28 Apr. 16/6 (advt.) For rent—small hamburger and beer stand. Re[a]sonable rent and buy-out. 1971 Variety 24 Feb. 51/2 Jerry Weintraub has taken over the complete ownership of Management Three with last week's buyout of his partner Marty Kummer. 1989 Politics in Amer. 1990 (Congressional Q.) 544/2 He lobbied for a..federal buy-out of farmers' land flooded by a lake in the district. 2019 San Francisco Examiner 22 Dec. 8/2 [They] then used the ‘buyout’ program to get rid of the tenants. In a buyout, tenants are offered cash upfront if they agree to give up their home. 2. The purchase of the controlling share in a company; spec. such a purchase undertaken by the management or employees of a company.See also management buyout n.Apparently rare before second half of 20th cent. ΘΚΠ society > occupation and work > business affairs > a business or company > [noun] > assumption of control by other company takeover1936 reverse takeover1962 buyout1976 1897 Isle of Man Times & Gen. Advertiser 2 Mar. 2/1 Mock oppositions have been got up before to-day for the purpose of forcing a ‘buy-out’. 1949 Daily Mail 23 Feb. 5/4 The Brazilian Government representative..has lost no time in getting down to business in connection with the first of the British-owned railways to figure in a buy-out deal. 1950 Pittsburgh Press 4 Dec. 19/2 Recent strength and activity in Kellogg Switchboard..is ascribed to a recurrent report of a buy-out by International Telephone. 1979 Time 7 May 60 At the end of 1978, Time Inc. completed a buyout of A.T.C. for a total price of $175.6 million. 1982 Economist 17 Apr. 51/3 Buy-outs by employees of bust and heavily trade-unionised businesses. 2017 G. A. Guthrie Firm Divided iv. 53 If ownership-generated incentives matter, then the firm's performance should have improved after the management-led buyout. 3. Chiefly North American. An act of paying an employee a financial settlement to retire early, voluntarily resign, or to relinquish a contractual employment right or benefit, or of paying to release a professional athlete early from his or her contract; a financial settlement paid in this way. Π 1964 San Bernardino (Calif.) Sun 25 Oct. b2/4 The agreement provides that the incentive workers will automatically go on the Fruits plan.., if they have not been offered buyouts by the company or voluntarily transferred over to the ‘Fruits’ by two years from the date. 1975 Honolulu Advertiser 6 Aug. a1/5 The stevedoring industry has offered a ‘buy-out’ for a number of overage wharf clerks here. About half a dozen of the clerks..reportedly face lay-offs. Another two dozen clerks..either would be eliminated through a ‘buy-out’, or early retirement. 1991 A. Eagleson & S. Young Power Play vii. 143 That one-third buy-out for players was still better than what prevailed in other pro sports, where players who cleared waivers could be dropped without any payment. 1991 Changing Times Jan. 48/2 Generous buyout packages allow the company to trim staff without soiling its reputation. 2002 Ottawa Citizen (Nexis) 21 Mar. a1 [He] was deputy city manager..before taking a buyout of $234,000. 2022 R. L. Hasen Cheap Speech ii. 32 In 2019 alone about 7,800 American journalists were laid off or offered a buyout, and things got much worse during the COVID-19 pandemic. This entry has been updated (OED Third Edition, December 2022). < n.1880 |
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