Definition, Meaning & Synonyms

repurchase

verb

/ˌriːˈpɜːr.tʃəs/

Definition

The act of buying something again that one has previously sold or owned.

Examples

After evaluating the market, the company decided to repurchase its shares to increase shareholder value.
She had to repurchase the book she lost in the library.
Many businesses offer a repurchase option for returned items to encourage customer loyalty.

Meaning

Repurchase refers to the transaction in which an entity buys back an asset or item that it had previously sold. This can apply to various contexts including stocks, real estate, or consumer goods.