buyout

1. (finance) The acquisition of a controlling interest in a business or corporation by outright purchase or by purchase of a majority of issued shares of stock.Examples: "The Central Intelligence Agency on Tuesday became the first major national security agency to offer so-called buyouts to its entire workforce, a CIA spokesperson and two other sources familiar with the offer said, part of President Donald Trump’s broad effort to shrink the federal government and shape it to his agenda."; "Those orders frustrated the administration’s attempt to bring a quick close to the so-called buyout offer."