What is the definition of Buy back agreement? | Dictionary.net

BUY BACK AGREEMENT

\bˈa͡ɪ bˈak ɐɡɹˈiːmənt], \bˈa‍ɪ bˈak ɐɡɹˈiːmənt], \b_ˈaɪ b_ˈa_k ɐ_ɡ_ɹ_ˈiː_m_ə_n_t]\

Definitions of BUY BACK AGREEMENT

1910 - Black's Law Dictionary (2nd edition)

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A contract between a purchaser and vendor in which the vendor agrees to repurchase the property from the purchaser if a certain event occurs within a specified period of time. The buy-back price is usually set out in the agreement.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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