The phrasal verb "buy out" is commonly used in both informal and formal contexts, although its specific application is more frequent in business and financial discussions. It refers to the act of purchasing someone's share or interest in a company or agreement, thereby gaining full control or ownership. For example, a company may 'buy out' a partner or investor to streamline decision-making processes and assume full governance of the business. In everyday conversation, "buy out" can also apply to context where someone acquires the entire stock of goods from a store or seller, though this usage is less common. It's a versatile phrase employed by business professionals to discuss mergers, acquisitions, and partnerships, signifying a significant transaction where one party compensates another to exit an arrangement. The term "buy out" clearly conveys the financial commitment and strategic shifts inherent in such transactions.
B2
UpperIntermediate
1. To purchase the entire stock or share of a company, aiming to control or own it entirely.
The larger corporation decided to buy out its competitor to expand its market share.
The investors planned to buy out the partner who wanted to leave the business.
2. To pay someone to leave a position of employment, ownership, or partnership, often to gain full control.
After years of partnership, she was bought out by her colleagues, who wanted to take the company in a new direction.
He was bought out of his share in the restaurant so the rest of the partners could renovate the space.