buyback

Definitions

Accounting

  • noun a type of loan agreement to repurchase bonds or securities at a later date for the same price as they are being sold
  • noun an international trading agreement where a company builds a factory in a foreign country and agrees to buy all its production

Banking

  • noun the continuation of a life assurance cover after a claim has been paid on critical illness under a policy that provides cover against both critical illness and death
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