buy-out cost
In the context of pensions, the cost of securing one or more members' benefits by purchasing an annuity from an insurance company. It is the most expensive method of securing benefits and is now used to determine the amount of the employer's statutory debt.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • buy-out — In the context of pensions, the securing of one or more members benefits by purchasing an annuity from an insurance company. It is the most expensive method of securing benefits and is used to determine the employer debt that arises under section …   Law dictionary

  • To buy out — Buy Buy (b[imac]), v. t. [imp. & p. p. {Bought} (b[add]t); p. pr. & vb. n. {Buying} (b[imac] [i^]ng).] [OE. buggen, buggen, bien, AS. bycgan, akin to OS. buggean, Goth. bugjan.] 1. To acquire the ownership of (property) by giving an accepted… …   The Collaborative International Dictionary of English

  • Leveraged buy-out — Le leveraged buy out, abrégé en LBO, terme anglais pour financement d acquisition par emprunt, a été inventé par Douglas Brueder[réf. souhaitée] et consiste à racheter une entreprise en ayant recours à l endettement bancaire en engendrant un …   Wikipédia en Français

  • Buy — (b[imac]), v. t. [imp. & p. p. {Bought} (b[add]t); p. pr. & vb. n. {Buying} (b[imac] [i^]ng).] [OE. buggen, buggen, bien, AS. bycgan, akin to OS. buggean, Goth. bugjan.] 1. To acquire the ownership of (property) by giving an accepted price or… …   The Collaborative International Dictionary of English

  • buy — buy1 [ baı ] (past tense and past participle bought [ bɔt ] ) verb *** 1. ) intransitive or transitive to get something by paying money for it: I need to buy some new clothes. Now you can buy and sell shares on the Internet. Tickets can be bought …   Usage of the words and phrases in modern English

  • buy — buy1 W1S1 [baı] v past tense and past participle bought [bo:t US bo:t] [: Old English; Origin: bycgan] 1.) a) [I and T] to get something by paying money for it ≠ ↑sell ▪ Where did you buy that dress? ▪ Ricky showed her the painting he d bought… …   Dictionary of contemporary English

  • buy — I UK [baɪ] / US verb Word forms buy : present tense I/you/we/they buy he/she/it buys present participle buying past tense bought UK [bɔːt] / US [bɔt] past participle bought *** 1) a) [intransitive/transitive] to get something by paying money for… …   English dictionary

  • cost averaging — UK US noun [U] ► STOCK MARKET regular investment of a fixed sum of money so that you buy more shares when the price is low and fewer shares when the price is high: dollar/pound, etc. cost averaging »With pound cost averaging you even out the… …   Financial and business terms

  • cost — [[t]kɒ̱st, AM kɔ͟ːst[/t]] ♦ costs, costing (The form cost is used in the present tense, and is also the past tense and participle, except for meaning 4, where the form costed is used.) 1) N COUNT: usu sing, oft N of n The cost of something is the …   English dictionary

  • cost — cost1 W1S1 [kɔst US ko:st] n 1.) the amount of money that you have to pay in order to buy, do, or produce something cost of ▪ the cost of accommodation ▪ I offered to pay the cost of the taxi. ▪ Insurance to cover the cost of a funeral is… …   Dictionary of contemporary English

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