Buyback Agreement

From Open Risk Manual
Revision as of 23:02, 10 February 2020 by Wiki admin (talk | contribs) (Initial Entry)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Definition

Buyback Agreement. (Also Buyback Guarantee) It is an agreement between a buyer and a vendor in which the vendor agrees to repurchase products or property from the buyer if a certain event occurs within a specified period of time. The buyback price is normally set out in the agreement.

Retrieved from "https://www.openriskmanual.org/wiki/index.php?title=Buyback_Agreement&oldid=12992"
  • Creative Commons Attribution-NonCommercial-ShareAlike
  • Powered by MediaWiki
  • Powered by Semantic MediaWiki