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The Collaborative International Dictionary
To buy out

Buy \Buy\ (b[imac]), v. t. [imp. & p. p. Bought (b[add]t); p. pr. & vb. n. Buying (b[imac]"[i^]ng).] [OE. buggen, buggen, bien, AS. bycgan, akin to OS. buggean, Goth. bugjan.]

  1. To acquire the ownership of (property) by giving an accepted price or consideration therefor, or by agreeing to do so; to acquire by the payment of a price or value; to purchase; -- opposed to sell.

    Buy what thou hast no need of, and ere long thou wilt sell thy necessaries.
    --B. Franklin.

  2. To acquire or procure by something given or done in exchange, literally or figuratively; to get, at a cost or sacrifice; to buy pleasure with pain.

    Buy the truth and sell it not; also wisdom, and instruction, and understanding.
    --Prov. xxiii. 2

  3. To buy again. See Againbuy. [Obs.] --Chaucer. To buy off.

    1. To influence to compliance; to cause to bend or yield by some consideration; as, to buy off conscience.

    2. To detach by a consideration given; as, to buy off one from a party. To buy out

      1. To buy off, or detach from.
        --Shak.

      2. To purchase the share or shares of in a stock, fund, or partnership, by which the seller is separated from the company, and the purchaser takes his place; as, A buys out B.

    3. To purchase the entire stock in trade and the good will of a business.

      To buy in, to purchase stock in any fund or partnership.

      To buy on credit, to purchase, on a promise, in fact or in law, to make payment at a future day.

      To buy the refusal (of anything), to give a consideration for the right of purchasing, at a fixed price, at a future time.

Usage examples of "to buy out".

He said some folks wanted to buy out the mine and consolidate it with another mine close by.

His only other resource was to buy out an existing business, and this usually costs a good deal.