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repurchase Definition

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repurchase
verb(re-pur-chase)
to buy (something) back or again; especially, of a corporation : to purchase back (shares of one's own common stock) on the open market
repurchase
noun(re-pur-chase)
a contract giving the seller of securities (such as treasury bills) the right to repurchase after a stated period and the buyer the right to retain interest earnings

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