Repurchase
(verb)
- To buy back something that was previously sold or owned.
- To buy again something that was previously bought.
Origin:
The word is formed by combining the prefix "re-" meaning "again" and the verb "purchase" meaning "to acquire something by paying for it".
Examples:
- The company decided to repurchase the shares that it had previously sold.
- The investor repurchased the stock at a lower price.
- The company decided to repurchase the land that it had previously sold.
- The customer repurchased the product after realizing it was defective.
- The company repurchased the equipment it had previously leased.