BUYBACK

redemption, repurchase, buyback

(noun) the act of purchasing back something previously sold

Source: WordNet® 3.1

Etymology

Noun

buyback (plural buybacks)

The repurchase of something previously sold, especially of stock by the company that issued it.

A government purchase scheme intended to achieve a specific goal such as habitat protection or a reduction in firearm numbers.

A free drink given to a patron by a bartender.

Source: Wiktionary

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