repurchase

Definition

Buying something back that was previously sold or acquired. "Becky repurchased her vehicle from the bank once she got another job."

Use repurchase in a sentence

You may want to try and repurchase something if you think that there could be good profit it in later.

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After returning Lego Star Wars to GameStop, my son decided to repurchase it as he missed playing the game on his XBox system.

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Justin repurchased his boat that he had lost from the bank after he received his production bonus from the last quarter at his job.

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stock repurchase plan open market purchase operation