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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Buyback  

Definition 1.

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.
 

Definition 2.

Definition 1
 
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