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The Collaborative International Dictionary of English v.0.48:

buyout \buy"out\ n. (Business, Finance)
   the acquisition of ownership of a company by purchasing a
   controlling percentage of its stock.

   Syn: takeover.
        [WordNet 1.5] buy out


The Collaborative International Dictionary of English v.0.48:

buy out \buy out\, buy-out \buy-out\v.
   to take over ownership of; -- of corporations and companies.

   Syn: take over, buy up.
        [WordNet 1.5]