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dollar buyout
dol·lar buy·out (plural dol·lar buy·outs)


noun 
Definition:
 
purchase of leased equipment for $1: an option at the end of a lease to buy the leased property for $1, the true value of it having been already figured into the lease payments
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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