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WordNet-Online
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Definitions from WordNet
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Definitions from the Web
Buyback
Description:
The term "buyback" refers to the action of repurchasing something that was previously sold or owned. It commonly applies to the buying back of goods, products, or securities by the original seller or owner.
Senses:
Noun - Repurchase:
A buyback can be a noun representing the act of repurchasing something. It is commonly used in the context of repurchasing goods or securities from customers or investors.
Sample sentence:
After realizing the defect in their product, the company initiated a buyback to repurchase all the faulty items from their customers.
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Verb - Repurchase:
The term "buyback" can function as a verb representing the act of repurchasing something that was previously sold or owned.
Sample sentence:
She decided to buyback the vintage car that she had sold a few years ago.
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Noun - Localized program:
In certain contexts, "buyback" can refer to a localized program or scheme wherein a company or organization offers to repurchase specific goods or items to support the local community.
Sample sentence:
The bookstore's buyback program allows local residents to sell their used books in exchange for store credit.
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Adjective - Popular:
In another sense, "buyback" can also be used as an adjective to describe something that is popular or well-liked among buyers.
Sample sentence:
The new smartphone model is a buyback item, with high demand among consumers.
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