To buy out Meaning, Definition & Usage

Definitions
  1. (a) To buy off, or detach from. Shak. (b) To purchase the share or shares of in a stock, fund, or partnership, by which the seller is separated from the company, and the purchaser takes his place; as, A buys out B. (c) To purchase the entire stock in trade and the good will of a business.

Webster 1913