Business / Finance / Buyback: The covering of a short position by purchasing a long contract, usually resulting from the short sale of a commodity. See: Short covering, stock buyback. Also used in the context of bonds. The purchase of corporate bonds by the issuing company at a discount in the open market. Also used in the context of corporate finance. When a firm elects to repurchase some of the shares trading in the market.
Business / Finance / Stock Buyback: A plan used as an incentive that rewards employee performance with stock in the company. MORE