buy out

Verb

 * 1)  to purchase the entire stock or extent of something
 * 2)  to purchase the ownership of a company
 * 3) To close someone's contract by paying him or her a sum of money, the terms of which are often stated in the contract itself.
 * 4)  To gain release for (a person) from military service by payment of money.
 * 5)  To avoid a punishment or escape a difficult situation.
 * You always manage to buy out at the last second.
 * 1)  To gain release for (a person) from military service by payment of money.
 * 2)  To avoid a punishment or escape a difficult situation.
 * You always manage to buy out at the last second.
 * You always manage to buy out at the last second.

Usage notes

 * When referring to a property, the purchaser often desires to obtain complete control of a piece of real estate, or to purchase a neighboring property, often with the intent to develop the property by building a new or larger building(s), particularly with more housing units.
 * When referring to a share of a partnership or company, the purchaser is often buying the share of a spouse, other family member, or retiring shareholder.
 * When referring to a contract, the contract is typically for high ranking executives of a company, professional sports players, professional models, etc.