Definition of buy-back in English English dictionary
A buy-back is a situation in which a company buys shares back from its investors. a share buy-back scheme The company announced an extensive stock buy-back program
1) A payment made to reinstate into SERPS a person belonging to a contracted out pension scheme 2) Reinstatement of life assurance cover after a claim has been paid on critical illness under a policy that provides cover against critical illness and death (Normally a policy of this type will cease on the claim being paid; the life assurance cover is then automatically cancelled )
The covering of a short position by purchasing a long contract, usually resulting from the short sale of a commodity See: Short covering, stock buyback Also used in the context of bonds The purchase of corporate bonds by the issuing company at a discount in the open market Also used in the context of corporate finance When a firm elects to repurchase some of the shares trading in the market
- Purchase of a long contract to cover a short position, usually arising out of the short sale of a commodity Also, purchase of identical securities to cover a short sale